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Deflation Is Occurring in a Nation; the Implication(s)of This Is/are

Question 33

Multiple Choice

Deflation is occurring in a nation; the implication(s) of this is/are that


A) both real and nominal wages are rising.
B) both real and nominal wages are falling.
C) if you have no job and have no income,you are better off because things are cheaper.
D) holding nominal wages constant,the real wage would rise.
E) holding nominal wages constant,the real wage would fall.

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