Let me tell you what some other people say, though: 1  The EWGâs Skin Deep Database lists it as a 5-6 (or moderate hazard), but trying to find the studies they used for their rating proved difficult, and the ones I did find were the nebulous âborax or boric acidâ test studies.
1 This is so because, my nominal wages have increased by 10% while the average price level (CPI) has increased by only 5%. 2  Thus today (in 2010) with my higher nominal wage ($1100.00) I can buy more than I could buy last year.
This tells us the current value of the new goods and services... Nominal gross domestic product (nGDP) is usually higher than real GDP, but this is not necessarily the case. NGDP can be higher than rGDP if prices have been declining in a country. Nominal GDP is a measure that looks only at how things are right now.