Waec Model Questions Vol1 2017 Economics Question 20
Practice objective / multiple choice question 20 from the 2017 Waec Model Questions Vol1 Economics examination.
A worker's nominal monthly wage increased from ₦50 000 to ₦55 000 over one year. During the same period the inflation rate was 8 %. Calculate the percentage change in the worker's real wage (rounded to two decimal places).
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About This Question
This is Waec Model Questions Vol1 2017 Economics Question 20. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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