Last year, you earned a nominal wage of $10 per hour and the price level was 120. this year your nominal wage is $11 per hour, but you are unable to purchase the same amount of goods as last year. the price level this year must be

Recall that in one condition of the experiment conducted by stasser and titus (1985) about student council president candidates, all group members had access to the same information, and that in another condition, members had unique information that other group members didn't know. in the second (unshared information) condition, the group made a worse decision than in the first (shared information) condition. this occurred because groups seldom can agree on who is most expert. focus discussion on the information that all members know. often ignore dissenting opinions. avoid differences of opinion, given conformity pressures.