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1. Additional effects are found from the growth in nominal income which is associated with an increase in own-country relative returns.
2. Measured in 1996 prices, the $30,000 of nominal income in 2004 turns out to be only $15,000 of real income.
3. If nominal income is constant, monetary velocity will determine money supply. The changes of monetary velocity should be considered when monetary policy is worked out.
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4. It is only after the nominal income being adjusted with price level that we can get the real income disparity.
5. It follows that their demand for bank deposits is also growing at twice the rate of growth of nominal income.
6. In particular, establishing a close and sustained relationship between money and nominal income or prices has been especially elusive.
7. The river near the Expo site, Saturday Day, there will be a small market, the local government to encourage young people to the original, some cost a nominal income.
8. But this higher level of structural inflation is not cause for alarm in an economy where nominal income growth will once again be in double-digits and GDP growth will be about 9.5 per cent in 2011.
9. Said Friedman, "In my opinion, the state of the budget by itself has no significant effect on the course of nominal income, on inflation, on deflation or on cyclical fluctuations."
10. A major unsettled issue is the short-run division of a change in nominal income between output and price.
11. In inflation, the real purchasing power of money decreased, the government's real income from the coinage tax is less than the nominal income.
12. Headlining acts at festivals, a lot of them American, can demand huge fees, while smaller acts get nominal income from playing festivals.
13. There are two factors affecting the real income disparity among regions: the nominal income and the price level among regions.
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