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What is the percentage change in real wages

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1. The minimum wage in Quebec was $8 in 2010 and is $13 in 2020. The CPI in 2010 was 127.5 and in 2020 is 158.6. What is the percentage change in real wages between 2010 and 2020?

2. Workers in the health industry earned $18,500 per year in 1980 and $34,200 per year in 2010. The CPI is 1980 and 2010 were 78 and 122 respectively. In which year did health care workers earn more?

Reference no: EM133067089

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