Answer:
False
Explanation:
Purchasing power is related to real income and not to nominal income. Even though workers had a $10 increase in their average nominal income, due to the effects of inflation, that increase does not necessarily reflect an improve in purchasing power.
The statement is false.
Explanation:
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Answer:
the amount of money that has to be paid to acquire a given product.
<em>I hope this helps! ^^</em>
<span>b. False. Labor unions include workers of all skill levels and prefer opportunities for advancement.</span>