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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    Matt's Real Wage in 2018 Is $26
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Matt's Real Wage in 2018 Is $26

Question 1

Question 1

Multiple Choice

Matt's real wage in 2018 is $26.80.If the price level is 104,what is Matt's nominal wage?


A) $30.80
B) $27.87
C) $26.80
D) $25.77

Correct Answer:

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