But, suppose that you choked down on nominal demand by pulling money out of the economy.
Public pension outlays rising to over 10 percent of nominal GDP is a startling development.
Government figures show that nominal wages were down 0.9% in March from a year earlier.
As a result, the real rate of interest nominal rates adjusted for inflation would actually rise in France.
In her Times essay, Romer calls on the Federal Reserve to begin targeting nominal GDP (NGDP).
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When a currency drops, the nominal price of hard assets in that currency generally rises.
For instance, suppose that any losses in nominal GDP during recession are quickly recovered.
Scaling nominal, on-the-go productivity from the small screen to the big one is a daunting task.
In a world of near-zero inflation, nominal prices are more likely to need to fall.
Nominal final sales to domestic purchasers fell way, way below trend starting in late 2008.
One has to do the mental math: nominal return minus inflation is real return.
The larger increase in the nominal size of both economies is explained by domestic inflation.
Similarly, nobody believes that the SOE bosses' nominal pay bears any relation to their real remuneration.
However, even stranger than the performance of RGDP has been the path of nominal GDP (NGDP).
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The problem is that nominal incomes and prices are sticky in a downward direction.
Peoples wages and incomes have to fall in nominal as well as real terms.
This suggests that nominal bond yields should be in the 5% to 7% range.
However, this benefit will be fully taxable to taxpayers with high AGI and nominal medical expenses.
It steals from taxpayers through higher nominal taxes while depreciating the value of their financial assets.
Luckily, there is an alternative: Hiring a true professional for a very nominal fee.
Consumers have done their part returning to pre-recession spending levels on a nominal basis.
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Technology offers more ways of nominal communication, but our society tends to promote actual isolation.
UN's arms inspectors in Iraq, as Tasmania's governor, the nominal representative of the British monarch.
Total federal spending would not climb above 2012 levels in actual, nominal dollars until 2016.
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This reflects faster nominal growth, particularly in the U.S., plus stronger 2006 averages for foreign currencies.
German bunds, U.K. gilts, and U.S. Treasurys are yielding well under 2 percent in nominal terms.
You might need to pay a nominal fee if they print the information out for you.
Between 2005 and 2008, the yuan appreciated by 20% against the dollar in nominal terms.
But the relationships between the monetary base, broader monetary aggregates and nominal income is highly unstable.
It wants the administration to lower the 35% (nominal) corporate tax rate through tax reform.
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