Multiple Choice
A person's real wage will fall if the
A) nominal wage falls.
B) price level rises.
C) nominal wage rises.
D) price level falls.
E) a and b
Correct Answer:
Verified
Related Questions
A person's real wage will fall if the
A) nominal wage falls.
B) price level rises.
C) nominal wage rises.
D) price level falls.
E) a and b
Correct Answer:
Verified