Nominal and Real Wage Rates

question 143

Multiple Choice

Nominal and real wage rates

• A)must always change by the same amount.
• B)must always change in opposite directions by the same amount.
• C)must always change in the same direction but could change by different amounts.
• D)could change in opposite directions.
• E)must always change in the same direction,and the nominal wage rate must change more rapidly than the real wage rate.

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