Deflation Is Occurring in a Nation; the Implication(s)of This Is/are

question 33

Multiple Choice

Deflation is occurring in a nation; the implication(s) of this is/are that

• A) both real and nominal wages are rising.
• B) both real and nominal wages are falling.
• C) if you have no job and have no income,you are better off because things are cheaper.
• D) holding nominal wages constant,the real wage would rise.
• E) holding nominal wages constant,the real wage would fall.