Question: please give correct answer urgently and perfectly.and with explain . I will upvote if you give correct answer ion 31 Suppose that the hourly wages

please give correct answer urgently and perfectly.and with explain . I will upvote if you give correct answer

please give correct answer urgently and perfectly.and with explain . I will

ion 31 Suppose that the hourly wages in 1960 and 2002 were respectively 7.21 and 8.65 dollars per hour. If the 1960 CPI base 100 = 2002 is 71, what happened to the real wage between 1960 and 2002? O It decreased. O It remains constant. O Cannot answer the question with the information provided. O It increased

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