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The term "real wages" refers to wages that are _____.

A.the actual amount of gold a person is paid

B. paid and not just promised

C. adjusted to account for inflation

D. do not have taxes and other deductions made

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The term "real wages" refers to wages that are C. adjusted to account for inflation. These are wages in terms of the amount of goods and services that can be bought.
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User Aruns
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