Business, 10.08.2019 03:10 bhopainting
Given the basic rule of thumb for the relationship among inflation, productivity and nominal wage increases, if wages rise by 2 percent and productivity increases 1 percent, one would predict inflation to be: (a) 0 percent.(b) 1 percent.(c) 1.5 percent.(d) 3 percent.
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Given the basic rule of thumb for the relationship among inflation, productivity and nominal wage in...
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