When a Worker's Nominal Wage Is Indexed, the Nominal Wage

question 50

Multiple Choice

When a worker's nominal wage is indexed, the nominal wage is usually automatically adjusted based on movements in which of the following variables?

• A) The average wage in the country.
• B) The average wage in the industry.
• C) The price of the firm's product.
• D) The price level.
• E) Productivity.

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Definitions:

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A behavioral therapy technique used to reduce phobic reactions and anxiety through gradual exposure to the feared object or situation while practicing relaxation techniques.

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