What happens now to the real wage of workers

Reference no: EM133261075

Question: Suppose that instead of PM increasing and PA staying constant, PM stays constant while PA decreases (so that the relative price of Manufacturing PM PA still increases). What happens now to the real wage of workers? A) Increases in terms of Manufacturing and increases in terms of Agriculture B) Decreases in terms of Manufacturing and increases in terms of Agriculture C) Increases in terms of Manufacturing and decreases in terms of Agriculture D) Decreases in terms of Manufacturing and decreases in terms of Agriculture

Reference no: EM133261075

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