First, just simply do the usual for the letter as always, then introduce the three topics you're talking about and like it said: describe it or basically define it, list 3 facts, and your opinion.
Explanation:
A nominal wage, also called a money wage, is the money you're paid by an employer for your labor. A nominal wage is not adjusted for inflation. On the other hand, a real wage is a wage adjusted for inflation. If your nominal wage increases slower than the rate of inflation, then your purchasing power will decline.
Answer:
The answer is C) The Federal Government can ask for help from states, but they can refuse.
Answer:
The United States is a highly developed country, with a strong economy in pratically every single economic sector: from agriculture, to many types of industry, to high-tech, to services.
People from abroad demand U.S. technology and capital goods because they know that it tends to be of high quality. This benefits the American people because it raises U.S. exports, which brings more income to Americans in the form of either U.S dollars or foreign currency that is later converted into U.S. dollars.
This makes the U.S. economy more dynamic, not only for those directly involved in the exporting business, but also for many other people who benefit indirectly from such exchanges.
