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Nookie1986 [14]
3 years ago
11

If your paycheck was $800 each week, then the nominal value would be less than $800 as we adjust it for inflation. be more than

$800 when we adjust it for inflation. be equal to the $800 face value of the paycheck. equal what the paycheck will buy after we adjust it for inflation. depend upon the nominal interest rate.
Business
2 answers:
tia_tia [17]3 years ago
4 0

The answer is : the nominal value would be equal to the $800 face value of the paycheck. The nominal value is the book, par or face value, which in the case of the paycheck is $800.00

Oliga [24]3 years ago
3 0

Answer:

The nominal value of pay check will be equal to $800 when the face value will be greater than $800 and it depends on inflation that how much it needs to be more than $800. Suppose if the inflation is 4%

So the face value of paycheck should be $833.33 then the nominal value of paycheck will be $800

or if the the inflation is 5% and face value is $800 then nominal value adjusted for inflation will be $760.

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