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treetreee treetreee
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Posts: 374
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4 years ago
Suppose the inflation rate is 6 percent this year. If nominal wages increase by 6 percent, real wages will

▸ increase by 6 percent.

▸ decrease by 12 percent.

▸ increase by 9 percent.

▸ not change.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Answer verified by a subject expert
osvaldoguzmanosvaldoguzman
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Posts: 410
4 years ago
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treetreee Author
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4 years ago
Thank you, thank you, thank you!
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You make an excellent tutor!
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2 hours ago
Thanks for your help!!
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