X Th Homework 7 (page 31 of 40) X + sus.edu/mod/quiz/attempt.php?attempt=503146&cmid=643155&page=30 YouTube Maps Southern University.. Course Home Human Jukebox - S... My Library Brytewa.. i Handsha t Page Campuses * Mobile app 022 Fall Main (SUBR) - Principle of Economics | (SECO-2 Identify the correct statement. O a. If the price level increases, nominal wages will fall O b. If the price level increases, real wages will increase. tion O c. In periods of low inflation, real wages are constant but nominal wages decline. O d. If the inflation rate is high, real wages and nominal wages change by the same amount. O e. In periods of high inflation, real wages change even if nominal wages remain constant. page Next page