Which of the Following Statements Is True

question 111

Multiple Choice

Which of the following statements is true?

• A)None of these are true.
• B)Real wages increase as long as nominal wages increase.
• C)If prices rise faster than nominal wages,real wages will increase.
• D)If prices rise faster than nominal wages,real wages will decrease.
• E)Real wages increase as long as inflation increases.

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Definitions:

Federal Government

The Federal Government is the national government of a federal country, which shares power with the constituent states or provinces, handling responsibilities like national defense, foreign policy, and currency.

Whistleblower Protection Act

Legislation that shields individuals who report illicit practices or violations of laws within an organization from retaliation.

Reprisals

Acts of retaliation or revenge, often carried out in response to an injury or offense. In international law, it refers to measures taken by one country against another.

Freedom of Information Act

A law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the government.