Question: a. Using the information below, and assuming that you want maintain your purchasing power from 2011, what nominal wage should you demand in each of

a. Using the information below, and assuming that you want maintain your purchasing power from 2011, what nominal wage should you demand in each of the given years? Instructions: Round your answers to two decimal places. CPI Values and Nominal Wages Nominal Wage Year CPI (dollars) 2011 242 .3 $82, 180 2012 251.0 2013 244 . 8 2014 257 . 6 b. Assume that your annual wage in 2014 was $87,700. This represents (Click to select)

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