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Real versus Nominal Prices

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1.3. Real versus Nominal Prices. The real price of eggs in 1970 dollars is calculated as follows:. While the nominal price of eggs rose during these years, the real price of eggs actually fell. 1.3. Real versus Nominal Prices.

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slide2

1.3

Real versus Nominal Prices

  • The real price of eggs in 1970dollars is calculated as follows:
  • While the nominal price of eggs rose during these years, the real price of eggs actually fell.
slide3

1.3

Real versus Nominal Prices

  • The real price of eggs in 1980dollars is calculated as follows:
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