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Question 36 Use the information in the table to answer the question....

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Question

Finance

Question 36

Use the information in the table to answer the question.
Year 2015 2016 2017 2018
Nominal Salary $53,000 $53,800 $55,000 $57,000
Price Level 120 123 128 131
Real Salary

What was the Average per year % increase in REAL salary between 2015 and 2018 ?

Group of answer choices

-0.48%

-0.51%

-0.52%

-0.50%

Answer & Explanation Solved by verified expert
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