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Loraine Loraine
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9 years ago
Suppose that residents of France have seen their real wage rate increase over time. This means that
A) French workers' inflation rate has increased over time.
B) French workers have increased their average hours of labor over time.
C) French workers have received increases in their nominal wage rate over time.
D) French workers have increased buying power.
E) the CPI must have decreased over time.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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9 years ago
The textbook reference in your signature really helped me narrow it down.

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