Which Statement Is Correct

question 118

Multiple Choice

Which statement is correct?

• A) The percentage change in the nominal wage plus the percentage change in the price level equals the percentage change in the real wage.
• B) The percentage change in the real wage minus the percentage change in the price level equals the percentage change in the nominal wage.
• C) The percentage change in the price level minus the percentage change in the nominal wage equals the percentage change in the real wage.
• D) The percentage change in the nominal wage minus the percentage change in the price level equals the percentage change in real wage.

---

Definitions:

Continuous Schedule

A reinforcement schedule in which a reward follows every correct response.

Fixed Interval Schedule

A schedule in operant conditioning where a response is rewarded after a specified amount of time has passed.

Security Needs

Basic human requirements for safety and security, including physical safety, job security, and health.

Abraham Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from most pressing at the bottom to the need for self-actualization at the top.