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Suppose your boss paid you $10 per hour last year. This year she is paying you $11 per hour. Over the same time period, the
Suppose your boss paid you $10 per hour last year. This year she is paying you $11 per hour. Over the same time period, the price index went from 100 to 120. Your nominal wage has ________________ and your real wage has ______________. Question 29 options: decreased; increased decreased; decreased as well increased; increased as well increased; decreased
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