What were construction workers real earnings in 1989 stated, Ask an Expert

Economics

In 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 risen to 124.0. What were construction workers’ real earnings in 1989 stated in 1982–1984 dollars?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9440425

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