If Workers Received a 5 Percent Wage Increase and the Rate

question 1

Multiple Choice

If workers received a 5 percent wage increase and the rate of inflation was 10 percent, then their real wage:

• A)increased.
• B)decreased.
• C)remained constant.
• D)equaled the nominal wage.

---

Definitions:

Concussion

A traumatic brain injury caused by a blow to the head or body, leading to temporary loss of normal brain function.

Hematoma

A localized collection of blood outside of blood vessels, usually in liquid form within the tissue, resulting from injury or disease.

Hypovolemic Shock

A critical condition resulting from severe blood or fluid loss, leading to insufficient blood flow to organs.

Hematemesis

The vomiting of blood.