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Author Question: Todd's nominal wage increased by 5%, and the prices of goods that Todd buys increased by 3%. Todd's ... (Read 115 times)

piesebel

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Question 1

The wage rate that is adjusted for changes in ________ over time is the real wage rate.


◦ tax rates
◦ worker productivity
◦ the price level
◦ the average number of hours worked per week

Question 2

Todd's nominal wage increased by 5%, and the prices of goods that Todd buys increased by 3%. Todd's real wage has


◦ increased.
◦ remained constant.
◦ decreased.
◦ changed by 8%.


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Marked as best answer by piesebel on Apr 19, 2019

BUTTHOL369

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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