what  is growth rate in real earnings

A B 1 Index Numbers Problem 2 C D E F G 3 Nominal 2000 = 100 2005 = 100 4 Current $ Price 5 Year Earnings Index Price Index Real Constant $ Earnings 6 2003 7 2004 00 2005 9 2006 $ 1,474 10 2007 $ SSSSS $ 1,096 131.7 $ 1,194 139.3 $ 1,314 149.1 162.5 1,650 179.0 11 Purchasing Power of $1 12 Growth Rate in Real Earnings (2005 = 100) between 2003 and 2007? 13 14 2000=100 15 Year Index #1 Index #1 Index #2 16 1998 100 1999 116.2 18 2000 124.5 19 2001 142.7 20 2002 174.3 192.4 21 2003 22 2004 205.7 239.2 23 XXX Spliced Factor Index