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Celestria starts a job that pay $50,000 a year.Her mother started a similar job in 1983 that paid $25,000.The CPI in 1983 was 100 and
Celestria starts a job that pay $50,000 a year.Her mother started a similar job in 1983 that paid $25,000.The CPI in 1983 was 100 and the CPI this year is 210.Who is better off in real wages?
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
