Multiple Choice
If a worker receives 6 percent higher nominal wages over a year in which inflation is 2 percent,the worker's real wages have
A) risen by 8 percent.
B) risen by 4 percent.
C) risen by 3 percent.
D) fallen by 3 percent.
E) fallen by 4 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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