If the aggregate price level , but nominal wages stay fixed, real wages .

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If the aggregate price level ________, but nominal wages stay fixed, real wages ________.

If the aggregate price level ________, but nominal wages stay fixed, real wages ________.

▸ rises; fall

▸ rises; remain fixed

▸ falls; fall

▸ falls; remain fixed

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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JSmith1 Author

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Thanks

jamesbove

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this is exactly what I needed

alpheratz

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Thanks for your help!!

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