Question: I need help calculating the real wage based on 1965 prices. Whathas happened to the purchasing power of the minimum wage over thisperiod Year min.
I need help calculating the real wage based on 1965 prices. Whathas happened to the purchasing power of the minimum wage over thisperiod
| Year | min. wage | Cpi of1965 = 100 |
| 1965 | 1 | 100 |
| 1976 | 2.65 | 185.12 |
| 2019 | 14 | 809.52 |
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