Answered: Average US wages in 1990 were 28,960,…

Average US wages in 1990 were 28,960, larger than the average wage in 1930 of 1970. what was the average annual increase in wages over this 60 year period. ( don't use Al)

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter6: How Statisticians Measure Inflation

Section6.A: How Statisticians Measure Inflation

Problem 5TY

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Average US wages in 1990 were 28,960, larger than the average wage in 1930 of 1970. what was the average annual increase in wages over this 60 year period. ( don't use Al)

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