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BrendanOO7 BrendanOO7
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6 years ago
Suppose that the average hourly wage rate in 1980 is $6.85 per hour and that it is $10.20 per hour in 1990.  Furthermore, suppose that the consumer price index is 82.4 in 1980 and that it is 130.7 in 1990.  Based on the information given,  the purchasing power of American worker earnings increased during the 1980s.  True or false?  Explain.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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BrendanOO7 Author
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6 years ago
Thank you, thank you, thank you!
Turboturner
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Yesterday
This helped my grade so much Perfect
ofsuahasiufhoas
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2 hours ago
Thanks
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