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48. Assume the average hourly wage in 1990 was $15 and CPI in the country is 152.74 in 1990 and 216.72 in 2010. What is

48. Assume the average hourly wage in 1990 was $15 and CPI in the country is 152.74 in 1990 and 216.72 in 2010. What is the value of the 1990 hourly wage in 2010 for this country?

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