Business, 18.10.2020 14:01 farthingjustice

Real and nominal quantities: From 1982 to 1984, the base period used for the consumer price index, the average earnings of construction workers were $442.74 per
week. By 1989, the earnings of construction workers had reached $506.72 per week, but
the consumer price index had riden to 124.0. What were construction workers' real
earnings in 1989 stated in 1982-1984 dollars?

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Real and nominal quantities: From 1982 to 1984, the base period used for the consumer price index,...

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