Question: please only answer what is being asked, Thank you! Suppose the average hourly wage rate for construction laborers in 2001 was $13.34. In 2011, suppose

please only answer what is being asked, Thank you!

Suppose the average hourly wage rate for construction laborers in 2001 was $13.34. In 2011, suppose construction laborers made $16.43 per hour. The CPI for 2001 was 177.1 and for 2011, 224.9. Calculate the percentage increase or decrease in real hourly wages from 2001 to 2011. (Enter your percentage as a positive value. Round your answer to one decimal place.) The percentage decrease i in real hourly wages is 2.4 x

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