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