Question: 20 pts Question 3 Use the information in the table to answer the question. 2016 Year 2015 2017 2018 Nominal Salary $55,000 $59,000 $61,000 $64,050

20 pts Question 3 Use the information in the table to

20 pts Question 3 Use the information in the table to answer the question. 2016 Year 2015 2017 2018 Nominal Salary $55,000 $59,000 $61,000 $64,050 Price Level 135 137 142 130 Real Salary What was the % increase in REAL salary between 2015 and 2016? 3.45% 3.30% 3.20% 3.38%

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