MCQOPTIONS
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| 1. |
The real wage will rise if the nominal wage |
| A. | increases more rapidly than the general price level. |
| B. | increases at the same rate as labor productivity. |
| C. | falls more rapidly than the general price level. |
| D. | falls at the same rate as the general price level. |
| Answer» B. increases at the same rate as labor productivity. | |