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    Macroeconomics Study Set 12
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    Exam 10: The Goals of Stabilization Policy: Low Inflation and Low Unemployment
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    If a Worker Receives 6 Percent Higher Nominal Wages Over
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If a Worker Receives 6 Percent Higher Nominal Wages Over

Question 30

Question 30

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.

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