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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: Which of the following formulas would you use to calculate the nominal wage rate?
Post by: Loraine on Jun 21, 2015
Which of the following formulas would you use to calculate the nominal wage rate?
A) nominal wage rate = real wage rate ÷ CPI
B) nominal wage rate = real wage rate × CPI
C) nominal wage rate = (real wage rate × CPI) ÷ 100
D) nominal wage rate = (real wage rate × CPI) × 100
E) nominal wage rate = (real wage rate ÷ CPI) × 100


Title: Re: Which of the following formulas would you use to calculate the nominal wage rate?
Post by: Chimelo46 on Jul 16, 2015
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Title: Re: Which of the following formulas would you use to calculate the nominal wage rate?
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.