In 1982, the average hourly earnings of private nonagricultural production workers were $7.86 per hour. By 2019,

Question:

In 1982, the average hourly earnings of private nonagricultural production workers were $7.86 per hour. By 2019, the average hourly earnings had risen to $23.51. In 2019, the CPI was 255.7, compared with 96.5 in 1982. What were the real earnings of private nonagricultural production workers in 2019 measured in 1982 dollars?

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