(A) Profit/Price Level
(B) Rent/Price Level
(C) Interest/Price level
(D) Money Wage/Price Level
Ans. (D) Money Wage/Price Level
The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages. Real wages provide a clearer representation of an individual's wages.
Real Wage = Nominal Wages (Money Wages)/Price Index (Price Level)
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