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Darina [25.2K]
3 years ago
13

For a person to keep his real income steady at a certain level from one year to the next, his nominal income must Multiple Choic

e
1. rise if the price index falls.
2. stay the same as the price index rises.
3. fall if the price index rises.
4. rise as fast as the price index.
Business
1 answer:
Solnce55 [7]3 years ago
4 0

Answer:

3. fall if the price index rises.

Explanation:

  • According to the nominal income, the inflation is a one of the major factors that decrease the amount of the goods and the services that would be afforded with a given amount of the nominal incomes thus if the person wants to keep this real income steady for the next year's nominal income may fall as the increase of the inflation in the economy.  And can erode the nominal income gains.
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Answer:

Race

Gender

Language

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Explanation:

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Gender: equality between all genders in the workplace

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Inequality: treat all employees equally and equal opportunities to all despite their backgrounds

Beliefs: avoid discriminating and disrespecting other people's beliefs

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belka [17]

Answer:

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Explanation:

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Answer:

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Explanation:

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