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Suppose That the Nominal Wage,the Expected and Actual Price Levels,and

Question 168

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Suppose that the nominal wage,the expected and actual price levels,and the expected and actual inflation rates for a hypothetical economy in 2013 are presented in the following table.What is the expected real wage rate in 2013? Suppose that the nominal wage,the expected and actual price levels,and the expected and actual inflation rates for a hypothetical economy in 2013 are presented in the following table.What is the expected real wage rate in 2013? A) $28.57 B) $29.73 C) $29.41 D) $28.12


A) $28.57
B) $29.73
C) $29.41
D) $28.12

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