The real wage will rise if the nominal wage
A) increases more rapidly than the general price level.
B) increases at the same rate as labor productivity.
C) falls more rapidly than the general price level.
D) falls at the same rate as the general price level.
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The real wage will rise if the nominal wage
A) increases more rapidly than the general price level.
B) increases at the same rate as labor productivity.
C) falls more rapidly than the general price level.
D) falls at the same rate as the general price level.
Answer-----Here option she is it correct answer you can find it in the books of the economics.
The real wage will rise if the nominal wage
A) increases more rapidly than the general price level.
B) increases at the same rate as labor productivity.
C) falls more rapidly than the general price level.
D) falls at the same rate as the general price level.
Answer-----Here option she is it correct answer you can find it in the books of the economics.
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C) falls more rapidly than the general price level is the Correct Answer
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