Question: For the Russian Federation data on wages dynamics are available: Indicator 2016 106,5 103,4 2017 108,2 102,1 2018 2019 110,8 95,8 2020 111,5 97,4

For the Russian Federation data on wages dynamics are available: Indicator 2016

For the Russian Federation data on wages dynamics are available: Indicator 2016 106,5 103,4 2017 108,2 102,1 2018 2019 110,8 95,8 2020 111,5 97,4 Nominal wages index, % to the previous year Real wages index, % to the previous year Determine growth coefficient of nominal and real wages in 2020 compared to 2016 year Determine average growth coefficient of nominal and real wages for the period 2017-2020. Make a conclusion. 108,8 98.7

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