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The long-run trend of real wages Question 5 options: A) has been downward because the price level has risen faster than nominal wages. B) can't
The long-run trend of real wages Question 5 options: A) has been downward because the price level has risen faster than nominal wages. B) can't be determined from available data on nominal wages and the price level. C) has been upward. D) has been downward because labor's share of the domestic income has fallen
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