Business
Business, 08.12.2021 22:00, kflvcko6996

The price of a candy bar is $1.13 in Year 1 and $1.18 in Year 2. The nominal wage rate is $8 in year 1 and $9 in year 2. What is the approximate percentage change in the real wage rate from year 1 to year 2

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Answers: 3

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The price of a candy bar is $1.13 in Year 1 and $1.18 in Year 2. The nominal wage rate is $8 in year...

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