Since 1948, the History of Real Wage Rates Generally Shows

question 163

Multiple Choice

Since 1948, the history of real wage rates generally shows that

• A)prices and wages have risen at the same rate.
• B)prices have risen at a slower rate than wages.
• C)prices have risen faster than wages.
• D)real wages have remained constant over the period.

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Definitions:

Circular Chromosome

A type of chromosome that is formed in a circular shape, commonly found in bacteria and some archaea.

Mitochondria

Organelles within cells that are responsible for producing energy through the process of oxidative phosphorylation.

Cyanobacteria

Photosynthetic, aquatic microorganisms, also known as blue-green algae, that can produce oxygen during photosynthesis and contribute to the formation of stromatolites.

Lichens

Symbiotic organisms composed of fungi and algae or cyanobacteria, where the fungi provide structure and the algae or bacteria provide photosynthesis.