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Suppose a union and a firm agree to increase the wage rate by the same percentage as the increase in the Consumer Price Index. If the CPI increases by 5 percent, then the real income of workers will Select one: 0 A. increase by less than 5 percent, accounting for bias in the calculation of the CPI. O B. increase by 5 percent. 0 C. remain unchanged, accounting for bias in the calculation of the CPI. O D. decrease by 5 percent, accounting for bias in the calculation of the CPI. O E. increase by more than 5 percent, accounting for bias in the calculation of the CPI