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Currency question. --- Money illusion. --- Purchasing power.

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Money illusion --- Prices --- Dollar --- Currency question

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In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. In other words, the numerical/face value (nominal value) of money is mistaken for its purchasing power (real value). This is false, as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century. Almost every one is subject to the ""Money Illusion"" in respect to his own country's currency. This seems to him to

Currency question -- United States. --- Dollar. --- Money illusion. --- Prices.

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National accounts --- Gross domestic product --- National income --- Purchasing power --- Current purchasing power --- Consumption (Economics) --- Currency question --- Money --- Prices --- Cost and standard of living --- Income --- Money illusion --- Net national product --- Flow of funds --- Gross national product --- Domestic product, Gross --- GDP --- Statistics --- Accounting&delete& --- Accounting

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The purchasing power parities and real expenditures contained in this joint Eurostat - OECD publication cover 55 countries including the 30 OECD Member countries, the 27 EU countries, ten CIS countries, six Western Balkan countries and Israel. They are based on price and expenditure data for 2005 and have been calculated using the EKS aggregation method. International comparisons of price levels and real GDP can be made using the price and volume measures presented in this publication. This publication includes StatLinks, URLs under each graph and table providing links to Excel® spreadsheet

Gross national product -- Statistics -- Periodicals. --- Purchasing power parity -- Statistics -- Periodicals. --- Purchasing power parity. --- Purchasing power. --- Finance --- International Finance --- Business & Economics --- Purchasing power parity --- Gross domestic product --- National income --- Purchasing power --- Current purchasing power --- Net national product --- Domestic product, Gross --- GDP --- Law of one price --- One price, Law of --- Parity, Purchasing power --- Consumption (Economics) --- Currency question --- Money --- Prices --- Cost and standard of living --- Income --- Money illusion --- Flow of funds --- Gross national product --- Foreign exchange