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If your nominal wage rises faster than the price level, we can say your real wage has and the purchasing power of your income
If your nominal wage rises faster than the price level, we can say your real wage has and the purchasing power of your income has fallen; fallen risen; fallen risen; risen fallen; risen
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Authors: Roger Kerin, Steven Hartley, William Rudelius
16th Edition
1264218753, 978-1264218752
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