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7. According to the following data, LO3 a. by what percentage did nominal wages increase between 2000 and 2019? b. by what percentage did consumer

7. According to the following data, LO3 a. by what percentage did nominal wages increase between 2000 and 2019? b. by what percentage did consumer prices increase? c. did real wages increase? 2000 2019 Average hourly wage $ 14 $ 23 CPI 170 254

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