Question
Use the hypothetical annual wage and consumer price index (CPI) information in the table to answer the questions. Round answers to two decimalplaces. CPI Wage
Use the hypothetical annual wage and consumer price index (CPI) information in the table to answer the questions. Round answers to two decimalplaces.
| CPI | Wage | |
|---|---|---|
| 1966 | 17.5 | $5000$5000 |
| 2013 | 122.8 | $45000$45000 |
What is the 1966 wage in 2013dollars?
1966 wages in 2013dollars:
What is the 2013 wage in 1966dollars?
2013 wages in 1966dollars:
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The Ethics Of The New Economy Restructuring And Beyond
Authors: Leo Groarke
1st Edition
1554586933, 9781554586936
