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The BIS says these are a better gauge of market risk than notional amounts.In this section Overview Output, prices and jobs The Economist commodity-price index GDP forecasts Trade, exchange rates, budget balances and interest rates Markets Global OTC derivatives Reprints.
For the goods market, a similar setup combines the (notional) aggregate demand and supply functions, the short-side principle to determine output, and a price adjustment function.
Nobody knows the exact figure, but the notional amount certainly exceeds the total value of all the world's economic output, roughly sixty-six trillion dollars, by a huge factor — perhaps tenfold.
The world's derivative market has a notional value of nearly half a quadrillion dollars - that's 10 times the value of the world's output, which is why it is regarded as a ticking timebomb by some analysts.
Names are notional.
Art is notional.
The fame is similarly notional.
Health, Ira decided, was notional.
Or some other notional figure.
The figure is merely notional.
'You have a notional identity..
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com