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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
The nominal wage rate is the
A) minimum hourly wage that a company can legally pay a worker.
B) average hourly wage rate measured in the dollars of a given reference base year.
C) minimum hourly wage rate measured in the dollars of a given reference base year.
D) average hourly wage rate measured in current dollars.
E) wage rate after inflation has been adjusted out of it.
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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8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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