In a year the rate of inflation in a country was 3%. During that year company managers’ salaries rose by 6% and office workers’ wages rose by 2%.
What happened to real income (purchasing power)?
1 )
company managers: fell / office workers: fell
2 )
company managers: fell / office workers: rose
company managers: rose / office workers: fell
4 )
company managers: rose / office workers: rose
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