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The table below lists the CPI and wage values for the United States from different decades. a. Complete the table by computing the real Income

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The table below lists the CPI and wage values for the United States from different decades. a. Complete the table by computing the real Income for each year shown in the table. Instructions: Round your answers to two decimal places. Nomlnal and Real Income Average Nominal Average Real Wage Year Wage (dollars) CPI (dollars) mm 1997 37,177 160.5 _- 2007 49,698 207.3 -- 2013 52,322 Instructions: Enter the year using all four numbers (yyyy). b. Of the years listed above. the paycheck of the average worker'was highest in |:|. c. 0f the years listed above. the purchasing power of the average worker was highest In

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