Which of the Following Is True of a Higher Price

Multiple Choice

Which of the following is true of a higher price level?

A) The higher the price level, any given money wage purchases less, so the wage is less attractive to workers.
B) The higher the price level, any given money wage purchases more, so the wage is more attractive to workers.
C) The higher the price level, any given money wage purchases more, so the wage is less attractive to workers.
D) The higher the price level, any given money wage purchases less, so the wage is more attractive to workers.
E) There is no relationship between the price level and money wages.