If Real Salaries Increase but Nominal Salaries Do Not,this Means

question 93

Multiple Choice

If real salaries increase but nominal salaries do not,this means that

• A) the purchasing power of money has decreased.
• B) prices have not changed.
• C) prices have risen.
• D) prices have fallen.

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Definitions:

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Conditioned Stimulus Preexposure Effect

A phenomenon where exposure to the conditioned stimulus prior to pairing it with the unconditioned stimulus decreases the effectiveness of conditioning.

Conditioning

The process of learning associations between environmental stimuli and behavioral responses, fundamental to behavioral psychology.

Stimulus

Any event or situation that evokes a response from an organism.