If the Nominal Wage Rises from €10 Per Hour in Period

Multiple Choice

If the nominal wage rises from €10 per hour in period one to €15 per hour in period 2 as the expected price level rises from 1 to 3 while the actual price level rises from 4 to 5, then from period 1 to period 2:

A) the nominal wage is rising.
B) the expected real wage is rising.
C) the actual real wage is falling.
D) all of the above.