Average wage rate, 7) in 1988, the average wage rate was

Average wage rate

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7) in 1988, the average wage rate was 9.45 an hour and in 2008 the average wage rate was 18 an hour. The CPI in 1988 was 118.3 and in 2008 it was 215.3. which is real wage rate is higher?a

Reference no: EM13151392

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