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Ananya sa This test: 60 point(s) possible iment 2 Question 2 of 19 This question: 2 point(s) possible A firm agreed to pay its workers
Ananya sa This test: 60 point(s) possible iment 2 Question 2 of 19 This question: 2 point(s) possible A firm agreed to pay its workers $39 an hour in 2016 and $42 an hour in 2017. The price level for these years was 241 in 2016 and 245 in 2017 Calculate the real wage rate in each year (to the nearest cent) What is the real wage increase received by these workers in 2017? >> > Answer to 2 decimal places. The real wage rate in 2016 was $ 16.18 The real wage rate in 2017 was $ The change in the real wage rate between 2016 and 2017 is dollars > > > Answer to 2 decimal places > > > If your answer is negative, include a minus sign. If your answer velela plus sign
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