If an athlete were to pick the sport where being the best at a position would easily allow you to move to a city destined to win a championship, it would be

Some economists argue that since inflation

a. raises the real value of fixed nominal wages, a little inflation may make it easier for labor markets to adjust. b. raises the real value of fixed nominal wages, a little inflation may make it harder for labor markets to adjust. c. reduces the real value of fixed nominal wages, a little inflation may make it easier for labor markets to adjust. d. reduces the real value of fixed nominal wages, a little inflation may make it harder for labor markets to adjust.

How is the dividing line between poverty and nonpoverty measured? Does this method overstate the degree of poverty?

What will be an ideal response?