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Business, 16.10.2019 00:30 nikidastevens36

Indicate whether the following statement is true or false and why." a wage rising slower than the rate of inflation is actually falling"a. false. a higher wage increases purchasing power regardless of inflationb. true. if wages are increasing slower than the average price of goods and services, purchasing power increasesc. true. if wages are increasing slower than the average price of goods and services, purchasing power fallsd. false. a higher wage decreases purchasing power regardless of inflation

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Indicate whether the following statement is true or false and why." a wage rising slower than the ra...
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