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  • 18-11-2020
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How might the combined change in wages and prices affect a working family?

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preciouszee99 preciouszee99
  • 18-11-2020

Answer:

A working family is a family in which the main source of income are the combined wages. Increase in wages will gladden the family while they will be saddened by the increase in prices change. On the other hand, they will be saddened by the decrease in wages and enjoy the decrease in prices of primary goods.

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