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Ipatiy [6.2K]
3 years ago
14

Real and nominal income is calculated respectively at----

Business
1 answer:
SpyIntel [72]3 years ago
5 0

Answer: Constant price and Current price

Explanation:

Real income and nominal income is calculated respectively at the constant price and the current price.

The constant prices has to do with the real values that has taken inflation into consideration. They are typically in real value.

The current prices are the prices of goods and services at a particular point in time. Current prices are typically in nominal value.

Therefore, the answer is option D.

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