If Donald earns a nominal wage of R25 000 and he receives an increase in salary of R2 000, which of the following is tru
Posted: Sun Jun 05, 2022 12:01 pm
If Donald earns a nominal wage of R25 000 and he receives an increase in salary of R2 000, which of the following is true if the inflation rate is 9%? Donald receives an increase in both nominal and real wage. Donald receives an increase in nominal wage and a decrease in his real wage. Donald receives a decrease in both nominal and real wage. Donald receives a decrease in non wage and an increase in his real w