Question: Amazon.ca agreed to pay its workers $20 an hour in 1999 and $22 an hour in 2001. The price level for these years was 166

Amazon.ca agreed to pay its workers $20 an hour in 1999 and $22 an hour in 2001. The price level for these years was 166 in 1999 and 180 in 2001. Calculate the real wage rate in each year. Did these workers really get a pay raise between 1999 and 2001?

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