f prices rise by 4 percent in a year and nUse the following diagram to answer the next question. A line graph titled, market depicts a demand and a supply curve intersecting each other.The horizontal axis is labeled employment and the vertical axis is labeled wage rate. A decreasing line, D intersects an increasing line, S. A dotted straight line from each axis connects to the point of intersection, (500, 5) of S and D. Which of the following statements about this market is correct?ominal wages increase by only 2 percent, then real wages will Multiple Choice decrease by 6 percent. decrease by 4 percent. decrease by 2 percent. increase by 2 percent