________work all day long and get a nominal amount as wages.
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Answered by
2
Answer:
daily wages workers
Explanation:
Answered by
0
Answer:
Explanation:
The real wageThe nominal wage (the wage in dollars) divided by the price level. is the nominal wage in an economy adjusted for changes in purchasing power.
...
From Nominal to Real Wages
Select your base year. ...
For all years (including the base year), divide the value of the index in that year by the value in the base year.
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