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Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $55,000 $57,600 $58,752 $61,690 Price Level 150 153
Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $55,000 $57,600 $58,752 $61,690 Price Level 150 153 158 161 Real Salary What was the % increase in NOMINAL salary between 2015 and 2017 ?
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6.82%
7.13%
6.62%
6.99%
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