Question: Question 1 1 pts Use the information in the table to answer the question. Year 2015 2016 2017 2018 $50,730 $51,236 $$52,832 $54,192 Nominal Salary

Question 1 1 pts Use the information in the table to answer the question. Year 2015 2016 2017 2018 $50,730 $51,236 $$52,832 $54,192 Nominal Salary Price Level 154 159 168 176 Real Salary What was the % increase in NOMINAL salary between 2015 and 2016? State your answer to two decimal places, but leave off the % sign. For example, 1.24

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