Question: Need help on these two ASAP please!!! The table below lists the CPI and wage values for the United States from different decades. a. Complete
Need help on these two ASAP please!!!


The table below lists the CPI and wage values for the United States from different decades. a. Complete the table by computing the real income for each year shown in the table. Instructions: Round your answers to 2 decimal places. Nominal and Real Income Ave rage Nominal Average Real Wage Year Wage (dollars) CPI (dollars) Instructions: Enter the year using all four numbers (yyyy). b. Of the years listed above, the paycheck ofthe average worker was highest in |:|. c. Of the years listed above, the purchasing power of the average worker was highest in |:| . The following information is given for an economy: Labor Force of an Economy | Number of People (millions) | : 1 - - - - Instructions: Round your answers to 1 decimal place. a. How much of the population is older than 16? E million b. What is the size of the labor force? E million c. What is the labor force participation rate? :96
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