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Q 1 The average annual earnings of a government
employee were 96,000 in 1998 and 1,20,000 in
1999. If the consumer price index increased from
160 in 1998 to 220 in 1999, find the Real wages
for each year.
Select the right answer from below options :
A) 60000 & 54545.45
B) 60000 & 40000
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