Mathematics, 21.09.2021 08:00 bayeck

The BLS reports median weekly earnings for full time workers . In 1980, weekly earnings was $259. The weekly earnings in 1980 expressed in 1983 prices is $311. In 2020, weekly earnings was $984. The weekly earnings in 2020 expressed in 1983 prices is$377.
(a) Calculate weekly earnings in 1980 expressed in 2020 prices
(b) b) Calculate average annual inflation from 1980-2020.

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