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    Exam 2: The Key Principles of Economics
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    If Real Salaries Decrease but Nominal Salaries Do Not, This
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If Real Salaries Decrease but Nominal Salaries Do Not, This

Question 51

Question 51

Multiple Choice

If real salaries decrease but nominal salaries do not, this means that:


A) prices have fallen.
B) the purchasing power of money has increased.
C) prices have not changed.
D) prices have risen.

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