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Given the money wages, if the price level in an economy increases, then the real wages will

+1 vote

asked Aug 12, 2018 in Class 12 by kratos

Given the money wages, if the price level in an economy increases, then the real wages will

(a) Increase (b) Decrease (c) Remain constant (d) Become flexible

distribution analysis
cbse
class-11
index numbers
class-12
indian economy at the time of independence

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1 Answer

+6 votes

answered Nov 5, 2020 by kratos

Best answer

(b) Decrease

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