Multiple Choice
Assume your salary is $2000 per month and the expectation is that over the next twelve months inflation will be 6%.In order to prevent a drop in your real salary over the year,your employer would have to agree to change your nominal salary by
A) - 12%.
B) - 6%.
C) 0.
D) + 6%.
E) + 12%.
Correct Answer:
Verified
Correct Answer:
Verified
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