Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...

Reviewed by Erika Rasure Fact checked by Vikki Velasquez Multiple economic factors influence interest rates. Three types of interest rates, including real, nominal, and effective affect consumers' ...

The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders ...

Distinguishing between nominal and real returns gives investors expanded insight into how their money grows over time. Nominal return reflects the raw percentage gain on an investment. Real return ...

Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...