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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A strategic tool used by companies to manage and evaluate the performance of their business units and product lines.