Multiple Choice
For real wages to increase,which of the following must be true?
A) An employee's wage increase must be greater than the increase in the CPI.
B) An employee must receive a lump-sum wage increase equal to the increase in the CPI.
C) An employee's wage must simply increase.
D) The CPI must increase at least as much as the employee's wage.
Correct Answer:
Verified
Correct Answer:
Verified
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