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Other Fields Homework Help Economics Topic started by: Loraine on Jun 22, 2015



Title: If the money wage rate does not change, a decrease in the price level will ________ the real wage ra
Post by: Loraine on Jun 22, 2015
If the money wage rate does not change, a decrease in the price level will ________ the real wage rate and ________ firms' profit.
A) raise; decrease
B) raise; increase
C) lower; decrease
D) lower; increase
E) lower; not change


Title: Re: If the money wage rate does not change, a decrease in the price level will ________ the real wag
Post by: Sydnie on Jul 8, 2015
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Title: Re: If the money wage rate does not change, a decrease in the price level will ________ the real wage ra
Post by: Sydnie on Aug 31, 2015
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome :)