Nominal Growth Rate..

[BaseballRedhawks]

So knowing nominal vs real is going to be key on the exam…
We know, Nominal Growth Rate = Real Growth Rate + Inflation
So this does mean… Real Growth Rate = Nominal Growth Rate - Inflation
Inflation = Nominal Growth Rate - Real Growth Rate.
Seems so easy, but for some reason this does mess me up sometimes.

 

[Galli]

Yes

 

[S2000magician]

Yes².
Although they really should be compounded.
[Stop that!]

 

[zulu007]

Yes - geometrically linked