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When discussing real versus nominal wages, what is true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an
When discussing real versus nominal wages, what is true?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
(a)Real wages are what people can actually earn, and nominal wages are what they would like to earn
(b)Real wages are after-tax wages and nominal wages are before-tax wages
(c)Real wages are measured in dollars and nominal wages are other benefits such as health insurance
(d)Real wages are adjusted for inflation and nominal wages are not
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