Real and Nominal difference, remember

Flok

Ok I messed up... it should be other way round

Interest Rates
Nominal = Real Rates + Inflation

Wages
Real Wage Rate = Nominal Wage Rate + Inflation.

richer

Interest Rates
Real Rates = Nominal + Inflation

Wages
Nominal Wage Rate = Real Wage Rate + Inflation.

Why can't they keep it same? Already my brain is overflowing with information and now I have to remember this difference as well.

I am sick...when will it be 5pm Saturday???

draz

Going back to CFAI book 2 page 366, i guess you are right. I got confused.

Thanks anyways.