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# 4 is the priority answer with graph please Question 3: Click on Real Earnings under Major Economic Indicators. http://www.bls.govews.release/pdf/realer.pdf e What has been happening

image text in transcribed # 4 is the priority answer with graph please
Question 3: Click on Real Earnings under Major Economic Indicators. http://www.bls.govews.release/pdf/realer.pdf e What has been happening recently to earnings of U.S. workers? What does the term "Real" mean? How does this, if at all, relate to the function of consumption? (2) Question 4: What do you believe will be the the impact of this change have on the demand for Spam (the food not junk email)? Reflect this change by describing how supply and demand will react to the change. Is this a price item or a non-price item? Graph your results using Excel or Google Graphs. (2) Question 3: Click on Real Earnings under Major Economic Indicators. http://www.bls.govews.release/pdf/realer.pdf e What has been happening recently to earnings of U.S. workers? What does the term "Real" mean? How does this, if at all, relate to the function of consumption? (2) Question 4: What do you believe will be the the impact of this change have on the demand for Spam (the food not junk email)? Reflect this change by describing how supply and demand will react to the change. Is this a price item or a non-price item? Graph your results using Excel or Google Graphs. (2)

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