2012
Economics
67e856d33cf20db308447ec1
If salary of worker increases from 50,000 to 80,000 Naira and average price of certain commodities consumed by the worker increase from 120 Naira to 160 Naira then
A.
The nominal income increases but leave the real income constant
B.
The real income increases, but nominal income has reduced
C.
The nominal income increases, but real income decreases
D.
Both the nominal and real income increase
Correct Answer: Both the nominal and real income increase
Explanation
This Question has no answer detail yet, Add oneTHIS WEEK's
Latest Articles
Top-Scorer Okoro Uchechukwu Solomon Reveals How He Scored 337 in JAMB
by samuel olalekan adeyemi
Bouncing Back: How Samuel Isaac Overcame Setbacks to Score 265 in JAMB and What He Learned
by samuel olalekan adeyemi
Managing Stress During Exams: Practical Tips for Students
by samuel olalekan adeyemi
