chinyere2116 chinyere2116
  • 21-06-2022
  • Business
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What distinguishes the real value of a statistic from the nominal value of a statistic?.

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chilljain33
chilljain33 chilljain33
  • 01-07-2022

The adjusting or the rate of inflation distinguished the real value of a statistic from the nominal value of a statistic.

What is inflation?

An increase in the prices of commodities during a given period of time, where the purchasing power of the consumer reduces due to no change in his or her income is known as inflation.

Hence, option D holds true regarding the rate of inflation. The complete question has been added as an image for reference.

Learn more about inflation here:

https://brainly.com/question/15692461

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