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f the price level rises by 6 percent in a year and nominal wages increase by 2 percent, then real wages will decrease by 4
f the price level rises by 6 percent in a year and nominal wages increase by 2 percent, then real wages will
decrease by 4 percent. | ||
increase by 4 percent. | ||
decrease by 8 percent. | ||
decrease by 6 percent. |
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