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a. Using the information below, and assuming that you want maintain your purchasing power from 2011, what nominal wage should you demand in each of

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a. Using the information below, and assuming that you want maintain your purchasing power from 2011, what nominal wage should you demand in each of the given years? Instructions: Round your answers to two decimal places. CPI Values and Nominal Wages Nominal Wage Year CPI (dollars) 2011 242 .3 $82, 180 2012 251.0 2013 244 . 8 2014 257 . 6 b. Assume that your annual wage in 2014 was $87,700. This represents (Click to select)

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