When the CPI increases from 200 in 2018 to 210 in 2019 and the nominal wage rate is constant at $10 an hour, the real wage rate. Question content area bottom Part 1 Α. decreases by 5 percent B. increases by 10 percent C. increases to $15 an hour D. is $10 an hour

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When the CPI increases from 200 in 2018 to 210 in 2019 and the nominal wage rate is constant
at $10 an hour, the real wage rate.
Question content area bottom
Part 1
Α.
decreases by 5 percent
B.
increases by 10 percent
C.
increases to $15 an hour
D.
is $10 an hour
Transcribed Image Text:When the CPI increases from 200 in 2018 to 210 in 2019 and the nominal wage rate is constant at $10 an hour, the real wage rate. Question content area bottom Part 1 Α. decreases by 5 percent B. increases by 10 percent C. increases to $15 an hour D. is $10 an hour
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