nominal good
type of good with a value of money
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Summary
nominal good is a type of good[1]. It is known by 10 alternative names across languages and contexts.[2]
Key Facts
- Subclass of: goods[3]
- Opposite of: real good[4]
- Described by source: Q141629078[5], Q141629071[6], Harvard Business School Online[7], Khan Academy[8]