October 14, 2015

Homework Help: econ

Posted by hannah on Tuesday, February 11, 2014 at 8:10am.

When Joe started his job at the laundromat 5 years ago, his wage was $4.50 an hour. Today his wage is $6.50 an hour. If Joe started his job in the base year, and his real wage is the same as when he started, what is the Consumer Price Index today?

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