If a Worker Receives 6 Percent Higher Nominal Wages Over

question 30

Multiple Choice

If a worker receives 6 percent higher nominal wages over a year in which inflation is 2 percent,the worker's real wages have

• A)risen by 8 percent.
• B)risen by 4 percent.
• C)risen by 3 percent.
• D)fallen by 3 percent.
• E)fallen by 4 percent.

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