For your purchasing power to stay the same, your wages must:
A) increase faster than the rate of inflation.
B) increase at the same rate as inflation.
C) decrease as the rate of inflation increases.
D) increase more slowly than the rate of inflation.

Question

Quizplus · Accepted Answer

For purchasing power to remain constant, wages must increase at the same rate as inflation to offset the rise in prices.

For Your Purchasing Power to Stay the Same, Your Wages