4. So a friend, a non econ friend, looks at your answers in e) above and asks you: Why are your answers so different? How would you answer your friend (act like you are an economist!)? In e), we found the percent change in real wage between April 2019 to April 2020 is 7.38%, and the percent change in the real wage between July 2020 and July 2021 is 0.59%

4. So a friend, a non econ friend, looks at your answers in e) above and asks you: Why are your answers so different? How would you answer your friend (act like you are an economist!)? In e), we found the percent change in real wage between April 2019 to April 2020 is 7.38%, and the percent change in the real wage between July 2020 and July 2021 is 0.59%

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter17: Inflation

Section: Chapter Questions

Problem 5SQP

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