Business, 26.10.2020 16:40, xxxanitaxxx
a. Using the information below, and assuming that you want to maintain your purchasing power from 2011, what nominal wage should you demand in each of the given years? Instructions: Round your answers to 2 decimal places. CPI Values and Nominal Wages YearCPINominal Wage (dollars)2011211.7$78,5202012213.53 70902013223.82014221.1 b. Assume that your annual wage in 2014 was $82,920. This represents
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a. Using the information below, and assuming that you want to maintain your purchasing power from 20...
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