Economists maintain that the wage rate that workers should really care about is
a. both the real wage rate and the nominal wage rate
b. the nominal wage rate
c. the nominal wage rate multiplied by the real wage rate
d. neither the real wage rate nor the nominal wage rate
e. the real wage rate
E
Economics
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In the United States today, money consists of
A) currency only. B) deposits at banks only. C) coins only. D) currency and deposits at banks.
Economics
Changes in business inventories will be negative when
A) production exceeds sales. B) production is less than sales. C) a trade surplus exists. D) a budget surplus exists.
Economics