Social Studies, 15.10.2021 14:00 lailabirdiemae
In 1982-84 dollars, the real average hourly wage rate in 2006 was $8.24 and in 2007, it was $8.32,
In 2006, the CPI was 201.6 and in 2007, the CPI was 207.3.
Calculate the nominal wage rate in 2006 and in 2007
The nominal wage rate in 2006 is $__
>>> Answer to 2 decimal places,
The nominal wage rate in 2007 is $__
>>> Answer to 2 decimal places.
Answers: 1
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In 1982-84 dollars, the real average hourly wage rate in 2006 was $8.24 and in 2007, it was $8.32,...
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