You have been asked by Fair Work Australia to investigate a claim by workers in the health care sector that they are under increasing financial pressure due to falling wages. Employers argue that this is incorrect as wages have actually increased. Table 3. Wages in the health care sector Year Annual wage increase CPI 2019 4.75% 152.5 2020 4.30% 156.0 2021 2.00% 159.1 Using the information in Table 3, (a) calculate the inflation rate between 2019 and 2020; and 2020 and 2021. (2 m (b) calculate the change in real wages between 2020 and 2021. (1 n (c) In terms of wages, are health care workers worse off or better off in terms of the purchasing power of a dollar in 2021? Explain. (2 ma