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timofeeve [1]
3 years ago
9

The price of a Honda Accord

Business
1 answer:
Sindrei [870]3 years ago
3 0

Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

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