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Business, 31.12.2019 02:31 makaylahunt

When the cpi increases from 200 in 2016 to 210 in 2017 and the nominal wage rate is constant at $10 an hour, the real wage rate a. is $10 an hour b. decreases by 5 percent c. increases to $15 an hour d. increases by 10 percent

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When the cpi increases from 200 in 2016 to 210 in 2017 and the nominal wage rate is constant at $10...
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