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When wages are adjusted for the factors of inflation, we can determine A. nominal wages B. real wages C. real interest rates D. the natural rate of unemployment E. the exchange rate between the dollar
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When wages are adjusted for the factors of inflation, we can determine

A. nominal wages
B. real wages
C. real interest rates
D. the natural rate of unemployment
E. the exchange rate between the dollar and other currencies

User Mahmoud Darwish
by
5.9k points

1 Answer

10 votes
B. Real wages
Real wages show the value of wages adjusted for inflation. Real wages are a guide to how living standards have changed.
User Hamed Jaliliani
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