If you want to pay up front, Office Home and Student 2016 is just the basics: Word, Excel, PowerPoint and OneNote for Windows. Office Home and Business 2016 adds Outlook and Office Professional 2016 adds Outlook, Publisher and Access.
Calculating real vs nominal GDP. Nominal GDP = â ptqt. where p refers to price, q is quantity, and t indicates the year in question (usually the current year). However, it can be misleading to do an apples-to-apples comparison of a GDP of $1 trillion in 2008 with a GDP of $200 billion in 1990.
DEFINITION of 'Nominal'. An unadjusted rate, value or change in value. This type of measure often reflects the current situation, such as the current price of a car, and doesn't make adjustments to reflect factors such as seasonality or inflation, which provide a more accurate measure in real terms. Next Up.