The Venn diagram shows real variables versus nominal variables, where both nominal and real variables play roles in the business cycle. All the following are examples of real variables, EXCEPT:
A) inflation.
B) innovation and new technology.
C) investments in physical capital.
D) improvements in human capital.

Question

The Venn diagram shows real variables versus nominal variables, where both nominal and real variables play roles in the business cycle. All the following are examples of real variables, EXCEPT: 
A) inflation. 
B) innovation and new technology. 
C) investments in physical capital. 
D) improvements in human capital.

Quizplus · Accepted Answer

The Answer of The Venn diagram shows real variables versus nominal variables, where both nominal and real variables play roles in the business cycle. All the following are examples of real variables, EXCEPT: 
A) inflation. 
B) innovation and new technology. 
C) investments in physical capital. 
D) improvements in human capital.

The Venn Diagram Shows Real Variables Versus Nominal Variables, Where