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Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $50,052 $52,774 $54,218 $56,074 Price Level 140 145
Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $50,052 $52,774 $54,218 $56,074 Price Level 140 145 149 150 Real Salary What was the % increase in REAL salary between 2016 and 2017 ? State your answer to two decimal places but leave off the % sign. ho For example, 1.24 If the percentage is negative state your answer with a negative sign For example, -1.34
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