The figures present the consumer prices index (CPI) and an index of money wages in an economy over four years. year 1-4 CPI 100,102,105,110 index of money wages 100,102,107,110 Which statement is incorrect?
- AInflation was at its greatest between years 3 and 4.
- BReal wages remained constant between years 1 and 2.
- CReal wages rose between years 3 and 4.
- DThe rate of inflation increased over the whole period.