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v' Nominal versus Real Wages Exercise 1 (Algo) Daphne has received job offers in six different cities across the United States. The table below shows

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v' Nominal versus Real Wages Exercise 1 (Algo) Daphne has received job offers in six different cities across the United States. The table below shows the nominal wage she is being offered in each city and the average monthly rent for an apartment in each city. a. Calculate Daphne's real wage in terms of how many months of rent her wage could purchase in each city and complete cm the \"Real Wage" column in the table below. Instructions: Enter your answers as a whole number. rint Daphne's Nominal and Real Wages Nominal Salary Monthly Rent. Real Huge (months of City (dollars) (dollars) rent) __-- - "m- _- _- - b. in which city is the nominal wage highest? (Click to select) v trences c. in which city is the real wage highest

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