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Need help Arm agreed to pay its workers $33 an hour in 2016 and $38 an hour in 2017. The price level for these years

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Arm agreed to pay its workers $33 an hour in 2016 and $38 an hour in 2017. The price level for these years was 241 in 2016 and 245 in 201T. 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 $-. The real wage rate in 2017 was $ 15.51

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