Question: For real wages to increase, what is necessary? Select one: a. An employee's wage must simply increase. b. An employee must receive a lump-sum wage
For real wages to increase, what is necessary?
Select one:
a.
An employee's wage must simply increase.
b.
An employee must receive a lump-sum wage increase equal to the increase in the CPI.
c.
The CPI must increase at least as much as the employee's wage.
d.
An employee's wage increase must be greater than the increase in the CPI.
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