Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry

NYC

wrote...

Go to Answer

Posts: 4146

Rep:

8 years ago

Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry

Henry's nominal wage increased by 3%, and the prices of goods that Henry buys increased by 2%. Henry's real wage has:
A) changed by 5%.
B) increased.
C) decreased.
D) remained constant.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 199 times

2 Replies

Report

Replies

Answer verified by a subject expert

Jesslyn

wrote...

Related Topics

NYC Author

wrote...

8 years ago

Thanks for answering Slight Smile

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

749 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

577

695

1038

Your Opinion

Previous poll results: Who will win the 2024 president election?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.