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Hey, If a worker's nominal wage rate increases from $10 to $12 per hour and at the same time the general price level increases by

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If a worker's nominal wage rate increases from $10 to $12 per hour and at the same time the general price level increases by 10 percent, the worker's real wage has Approximately decreased by 10% Approximately decreased by 20% Approximately increased by 10% Approximately increased by 20% x moppv? Not changed

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