Question: What is the difference between a nominal value and a real value? A nominal value is measured in market rates while a real value is

What is the difference between a nominal value and a real value?
A nominal value is measured in market rates while a real value is measured in terms of exchange rates.
A nominal value is measured in units of constant purchasing power while a real value is measured in units of current purchasing power.
A nominal value is measured in monetary units while a real value is measured in current dollars.
A nominal value is measured in current market prices while a real value is measured in base year prices.
What is the difference between a nominal value

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