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Management · Q400

Labour and Social Welfare

Graduate and Post Graduate · Management · question 400

Q400

If the cost of all other consumer goods increase in the same proportion, with the rise in wages, then which of the following statement seems relevant?

A.
Increase in wages is not of any use
Answer
B.
Increase in wages will improve the living condition
C.
Either A or B
D.
Neither A nor B

Answer: Option A

Solution

Answer: Option A
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