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Real versus Nominal Values: Lets Go to the Movies! Activity by Lesley Mace, senior economic and financial education specialist at the Federal Reserve Bank of Atlanta, Jacksonville Branch Concepts Real

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What is real versus nominal values?

Real values are adjusted for inflation, while nominal values are not adjusted for inflation.

Who is required to file real versus nominal values?

Individuals or businesses who need to report financial information may be required to file real versus nominal values.

How to fill out real versus nominal values?

Real values can be calculated by adjusting nominal values for inflation using an appropriate price index.

What is the purpose of real versus nominal values?

The purpose of real versus nominal values is to provide a more accurate representation of the true value of assets or income.

What information must be reported on real versus nominal values?

Information such as assets, income, or expenses may need to be reported on real versus nominal values.

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