Asked by Hannah
Given the wage in dollar per day and the CPI for years 1 and 2 how do you calculate the nominal % increase in wage and the real % increase in wage?
I am not sure what to do for this or what the formula is if any. Thank you for your help.
I am not sure what to do for this or what the formula is if any. Thank you for your help.
Answers
There are no human answers yet.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.