Which of the Following Statements Is True About Real Wages

question 169

Multiple Choice

Which of the following statements is true about real wages?

• A)Real wages increase as long as nominal wages decrease.
• B)Real wages increase as long as nominal wages increase.
• C)If prices rise faster than nominal wages, real wages will increase.
• D)If prices rise faster than nominal wages, real wages will decrease.
• E)Real wages increase as long as inflation increases.

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Definitions:

Purging

The act of forcefully expelling contents from the body, often used in the context of eating disorders to describe the attempt to eliminate consumed food.

Bulimics

Individuals who suffer from bulimia, an eating disorder characterized by episodes of binge eating followed by purging, to prevent weight gain.

Physical Exercise

Any bodily activity that enhances physical fitness, health, and overall well-being, including cardiovascular, strength, and flexibility exercises.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to contribute to their community.