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If this proposal is adopted by the General Conference, it would represent zero nominal growth from the current biennium.
UNESCO: MEDIA SERVICES
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In practice, he made clear - in his written answers and his testimony - that he didn't think a nominal GDP target would trump the current system, even in the current climate.
BBC: Governor Carney: Same remit, new ambition
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It is important to note that the nominal yield does not estimate return accurately unless the current bond price is the same as its par value.
FORBES: 5 Basic Things To Know About Bonds