Let me tell you what some other people say, though: 1  The EWGâs Skin Deep Database lists it as a 5-6 (or moderate hazard), but trying to find the studies they used for their rating proved difficult, and the ones I did find were the nebulous âborax or boric acidâ test studies.
1 This is so because, my nominal wages have increased by 10% while the average price level (CPI) has increased by only 5%. 2  Thus today (in 2010) with my higher nominal wage ($1100.00) I can buy more than I could buy last year.
When the value of money rises, the number of dollars needed to buy a representative basket of goods. a. increases, and so the price level rises. b. increases, and so the price level falls.c. decreases, and so the price level rises.hen the number of dollars needed to buy a representative basket of goods falls, the value of money. a. rises, and so the price level rises. b. rises, and so the price level falls. c. falls, and so the price level rises.