NOMINAL means very small and thus a token amount of something. There are three very important reasons why you should know the meaning of this word. Let’s take a look:
First, NOMINAL has been the correct answer for three recent questions about the impact of oil shocks.
Second, these questions have all included IDIOSYNCRATIC as a tempting but wrong answer.
And third, the oil shock cluster has also supported SUBDUED and ABATE as HIGH-FREQUENCY correct answers. This group of similar questions has emerged as one of the TOP FIVE clusters of vocabulary in context questions. Here’s why:
