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    Principles of Economics Study Set 1
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    Exam 18: Measuring the Price Level and Inflation
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    The Wage Paid to Workers Measured in Terms of Real
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The Wage Paid to Workers Measured in Terms of Real

Question 77

Question 77

Multiple Choice

The wage paid to workers measured in terms of real purchasing power is called the:


A) nominal wage.
B) cost of living.
C) minimum wage.
D) real wage.

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