Question

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 1

a is Right answer. . .

Answer 2

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.