In economics when analysts talk of $'s in real equivalents to what "standard year $" are the comparing things

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In economics when analysts talk of $'s in real equivalents to what "standard year $" are the comparing things

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07-24-2008, 08:47 PM

kmm4864990

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In economics when analysts talk of $'s in real equivalents to what "standard year $" are the comparing things

?
are they comparing. That is they can say $100,000 real. But "real" is only relevant if they are put in terms of a given year, right?
So what year are they speaking of?

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