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Author Question: Table 9-23 Refer to Table 9-23.The table above lists the actual minimum wage and CPI in 1974 and in ... (Read 91 times)

jc611

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on: Mar 16, 2019

Question 1

Table 9-22









Refer to Table 9-22. Using the above table, calculate real average hourly earnings for 2014, 2015, and 2016. Calculate the rate of growth of real average hourly earnings from 2015 to 2016.



Question 2

Table 9-23









Refer to Table 9-23. The table above lists the actual minimum wage and CPI in 1974 and in 2012. Using the above table, calculate the real minimum wage for 1974 and 2012. Calculate the rate of growth of the real minimum wage from 1974 to 2012. Are workers better off in terms of the purchasing power of a dollar in 1974 or 2012? Explain why.

Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by jc611 on Mar 16, 2019

blazinlyss

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jc611

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Reply #2 on: Mar 16, 2019
Thank you!


blazinlyss

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Reply #3 on: Mar 16, 2019
Always glad to help...


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