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Mark
in real time
“Meanwhile, tuition fees have nearly doubled, in real terms, in 20 years. Student debt, at nearly $1.2 trillion, has surpassed credit-card debt and car loans.”
1the meaning of "IN REAL TIME"
www.economist.com/news/leaders/21647285-more-and-more-money-being-spent-higher-education-too-little-known-about-whether-it?frsc=dg%7Ca&fsrc=scn/tw_app_ipad
http://www.economist.com/news/leaders/21647285-more-and-more-money-being-spent-higher-education-too-little-known-about-whether-it?frsc=dg%7Ca&fsrc=scn/tw_app_ipad
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28 de mar de 2015 14:30
Respostas · 2
1
"Real terms" is a piece of economic/accounting jargon. Contrast it with "nominal terms". The "nominal value" of a $1 note (ie its value in "nominal terms") remains the same over time. Its "real value" (ie its value in "real terms") changes over time due to the effect of inflation.
28 de março de 2015
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Mark
Habilidades linguísticas
Chinês (Mandarim), Inglês
Idioma de aprendizado
Inglês
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