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Nominal and Real Wage Rates

Question 44

Multiple Choice

Nominal and real wage rates


A) must always change in the same direction and the nominal wage rate must change more rapidly than the real wage rate.
B) must always change in the same direction but could change by different amounts.
C) must always change by the same amount.
D) could change in opposite directions.
E) must always change in opposite directions by the same amount.

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