Which had the fastest growth of real wages

Reference no: EM131353983

Average hourly earnings in the U.S. economy during several past years were as follows:

Use the CPI numbers provided on the inside back cover of this book to calculate the real wage (in 1982-1984 dollars) for each of these years. Which decade had the fastest growth of money wages? Which had the fastest growth of real wages?

Reference no: EM131353983

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