Which of the Following Is True About Real and Nominal

question 35

Multiple Choice

Which of the following is true about real and nominal wages?

• A)In periods of low inflation,real wages are constant and nominal wages decline.
• B)If the price level is high,real wages will fall.
• C)If the price level is high,nominal wages will fall.
• D)If there is inflation,real wages will change if nominal wages are constant.
• E)If there is a constant inflation rate,real wages will not change unless nominal wages do.

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A social and political movement striving for the legal and societal equality and rights of women in various spheres of life.