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Which of the following are true about wages? 3 Nominal wages, W, must always be proportionate to price P. ) h) Nominal wages, W, are
Which of the following are true about wages? 3 Nominal wages, W, must always be proportionate to price P. ) h) Nominal wages, W, are only aected by the CB's money supply policy. c) The real wage, W/P remains unchanged regardless of changes in the money supply. ) d We cannot determine W/P without information the government's tax policy T
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