Question

tell me about real and nominal​

Answer 1

Answer:

In economics, nominal value is measured in terms of money, whereas real value is measured against goods or services. A real value is one which has been adjusted for inflation, enabling comparison of quantities as if the prices of goods had not changed on average.

Answer 2

Answer:

nominal value is measured in terms of money, whereas real value is measured against goods or services. ... In contrast with a real value, a nominal value has not been adjusted for inflation, and so changes in nominal value reflect at least in part the effect of inflation.