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Which of the following statements is true? A. if labour productivity rises more than nominal wages rise, then real wages will decrease. B. in nominal
Which of the following statements is true?
A. if labour productivity rises more than nominal wages rise, then real wages will decrease.
B. in nominal wages increases by less than inflation, real wages will increase.
C. if labour productivity rises more than wages rise, then costs per unit of output will fall.
D. As real wages increase, nominal wages will fall.
E. All of the above
Please advise
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