If Wages Rise by 3% and Productivity Rises by 2

question 239

True/False

If wages rise by 3% and productivity rises by 2%, then prices can be expected to rise by 5%.

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Definitions:

Sporophyte Body

The life cycle phase of plants that experience generation alternation, where they produce spores and are diploid.

Most Species

This term refers to the majority of distinct biological groups recognized by their unique characteristics and genetic makeup within the biosphere.

Dicots

Plants that are characterized by having two seed leaves, or cotyledons, and usually flower parts in multiples of four or five.

Strobili

Cone-like structures that serve as the reproductive organs in certain plants, such as ferns and conifers.