If Nominal Wages Rise Slower Than the Price Level, Then

question 39

Multiple Choice

If nominal wages rise slower than the price level, then real wages have ________ and the purchasing power of income has ________.

• A)fallen; fallen
• B)fallen; risen
• C)risen; risen
• D)risen; fallen

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Definitions:

Sexual Spores

Reproductive cells produced by sexual reproduction in fungi and some plants that can develop into a new individual.

Fruiting Bodies

The reproductive structures produced by fungi, where spores are formed and subsequently disperse for reproduction.

Mature Zygospore

A thick-walled resting spore produced by the union of two similar fungal cells, serving as a form of resistance and survival in harsh conditions.

Young Zygospore

An early developmental stage of a zygospore, which is a thick-walled spore produced by the fusion of two similar gametes in fungi.