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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...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 have tried to find websites that have info on this but I cannot find a good website.
I am not sure what to do for this or what the formula is if any. Thank you for your help. I have tried to find websites that have info on this but I cannot find a good website.
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