In 2022, Felizia saw her real wage increase by 5%. At the same time, the average price level rose by 5%. Which of the following is correct about Felizia?

A. Felizia’s standard of living has decreased due to an increase in prices, which reduces her purchasing power
B. There is not enough information to make any definitive remark regarding Felizia’s standard of living.
C. Felizia’s standard of living remains the same as prices rose at the same rate as her real wage (Both were at 5%).
D. Felizia's standard of living has increased thanks to an increase in her real wage

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