Nominal and Recession: Difference between pages

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1.
1.


Named, or 'headline'.
Any extended time period during which gross domestic product (GDP) decreases from one measurement period to the next.
 
A nominal annual rate is a market rate named, or quoted, in a particular financial market.




2.
2.


A term which has <u>not</u> been restated to exclude the effects of inflation.  
A period of two successive quarters, or more, in which GDP decreases from the previous quarter.


This is the most commonly used basis for measuring and quoting financial information, also known as 'money terms'.
(Contrasted with [[real]] terms.)
3.
Very small.
For example, nominal damages or compensation would be a small amount, indicating that the party awarded them was technically in the right, but that the court did not approve of the case being brought to litigation in the circumstances.


== See also ==
* [[Deflation]]
* [[Depression]]
* [[Double dip]]
* [[Great Depression]]
* [[Great Recession]]
* [[Gross domestic product]]
* [[Inflation]]
* [[Reflation]]
* [[Softness]]
* [[Trumponomics]]


== See also ==
[[Category:The_business_context]]
* [[Aggregate money demand]]
[[Category:Financial_products_and_markets]]
* [[inflation]]
* [[Nominal annual rate]]
* [[Notional amount]]
* [[Notional principal]]
* [[Periodic rate]]
* [[Real]]

Revision as of 01:34, 22 April 2020

1.

Any extended time period during which gross domestic product (GDP) decreases from one measurement period to the next.


2.

A period of two successive quarters, or more, in which GDP decreases from the previous quarter.


See also