If real salaries increase but nominal salaries do not, this means that
A) the purchasing power of money has decreased. B) prices have risen.
C) prices have not changed. D) prices have fallen.
D
Economics
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The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The deadweight loss when the market has a monopoly producer is
A) ace. B) abf. C) bcd. D) bcef. E) acd.
Economics
Shrimp is an increasingly popular part of the American diet. Louisiana shrimpers who represent the bulk of the U.S. industry were almost all put out of business by Hurricane Katrina
How did this affect the equilibrium price and quantity of shrimp?
Economics