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Other Fields Homework Help Economics Topic started by: NYC on Jan 12, 2016



Title: Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry
Post by: NYC on Jan 12, 2016
Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry's real wage has:
A) changed by 5%.
B) increased.
C) decreased.
D) remained constant.


Title: Re: Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. H
Post by: Jesslyn on Jan 26, 2016
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Title: Re: Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry
Post by: NYC on Jan 28, 2016
Thanks for answering :)