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Kaevyn04 Kaevyn04
wrote...
Posts: 480
4 years ago
If nominal wages increase by 5 percent while real wages fall by 1 percent, the inflation rate must be

▸ 1 percent.

▸ 4 percent.

▸ 5 percent.

▸ 6 percent.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Answer verified by a subject expert
javiermorillajaviermorilla
wrote...
Posts: 393
4 years ago
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Kaevyn04 Author
wrote...

4 years ago
Thanks
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Good timing, thanks!
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