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give explanation 1. If the food prices rise while nominal salaries remain the same then this will have the effect of ... Decreasing everyone's real
give explanation 1. If the food prices rise while nominal salaries remain the same then this will have the effect of ... Decreasing everyone's real income. Increasing the proportion of people in poverty, once the poverty line is adjusted for the inflation. Increasing the incentives for farmers to produce more food. Raising the costs of some of the inputs purchased by restaurants. All of the above. QUESTION 12 Which of the following would NOT tend to increase intergenerational mobility (or, in other words, which of the following woud reduce intergenerational mobility): Elimination of the inheritance tax. A new policy promoting free college education. A reduction of discrimination in hiring practices. Greater opportunities for high-paying jobs in low-income communities. All of the above
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