Business
Business, 14.05.2021 20:40, addsd

Robert earned a nominal wage of $20 per hour and the price level was 240. This year his nominal wage is $22 per hour, but he is unable to purchase the same amount of goods as last year. The price level this year must be a. 270

b. 264

c. 250

d. 242

answer
Answers: 1

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Robert earned a nominal wage of $20 per hour and the price level was 240. This year his nominal wage...

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