Answer:
Option (b) is correct.
Explanation:
The real wages refers to the wages that are adjusted for the inflation in an economy. If there is an increase in the wage level of the workers then as a result there is an increase in the nominal wages but this will not necessarily increase the real wages. If the rate of change in the wages of the workers is same as the rate of change in the inflation in an economy then there will be no change in the real wages.
