The ________ Is the Average Hourly Wage Rate Measured in Current

question 70

Multiple Choice

The ________ is the average hourly wage rate measured in current dollars,while the ________ is the average hourly rate measured in the dollars of a given reference base year.

• A)real wage rate;nominal wage rate
• B)real interest rate;nominal interest rate
• C)nominal interest rate;real interest rate
• D)inflation rate;real wage rate
• E)nominal wage rate;real wage rate

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