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Shondra's real wage in 2016 is $18.50. If the price level is 106, what is Shondra's nominal wage?

hugangster

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Shondra's real wage in 2016 is $18.50. If the price level is 106, what is Shondra's nominal wage?

Shondra's real wage in 2016 is $18.50. If the price level is 106, what is Shondra's nominal wage?
A) $19.61
B) $18.61
C) $1Answer: $17.44

Textbook

InMacro

InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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makeshsvm

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