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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If we look at the nominal versus real wage rates paid to Presidents over time, we find that
Post by: Loraine on Jun 21, 2015
If we look at the nominal versus real wage rates paid to Presidents over time, we find that
A) George Washington was paid a higher real wage rate than Bill Clinton.
B) George W. Bush is the highest paid according to real wage rates.
C) the real wage rate has steadily increased to $400,000 per year.
D) the nominal wage has increased and decreased at different times because of inflation.
E) George W. Bush's nominal wage is about equal to the average nominal wage paid all presidents.


Title: Re: If we look at the nominal versus real wage rates paid to Presidents over time, we find that
Post by: Chimelo46 on Jul 17, 2015
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Title: Re: If we look at the nominal versus real wage rates paid to Presidents over time, we find that
Post by: Chimelo46 on Aug 31, 2015
The textbook reference in your signature really helped me narrow it down.

Happy to help ;)