For Real Wages to Increase, What Is Necessary

question 103

Multiple Choice

For real wages to increase, what is necessary?

• A) An employee's wage increase must be greater than the increase in the CPI.
• B) An employee must receive a lump-sum wage increase equal to the increase in the CPI.
• C) An employee's wage must simply increase.
• D) The CPI must increase at least as much as the employee's wage.

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