Name: Macroeconomics mankiw test bank
File size: 534mb
File format: RAR
You can download macroeconomics mankiw test bank on the site hagopjewelry.com
In equation form, we can express this as: If the nominal wage W is the same in both sectors, but the real wage in terms of farm goods is greater than the real wage in terms of haircuts, then the price of haircuts must have risen relative to the price of farm goods.