Wage Assignment | Homework For You

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December 3rd, 2019

Your boss gives you an increase in the number of dollars you earn per hour. This increase in pay makes

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A) your nominal wage increase. If your nominal wage rose by a greater percentage than the price level, then your real wage also increased.

B) your nominal wage increase.If your nominal wage rose by a greater percentage than the price level, then your real wage decreased.

C) your real wage increase. If your real wage rose by a greater percentage than the price level, then your nominal wage also increased.

D) your real wage decrease. If your real wage rose by a greater percentage than the price level, then your nominal wage decreased. Get Economics homework help today

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