Question: Question 1 10 pts Use the information in the table to answer the question. Year Nominal Salary Price Level Real Salary 2015 2016 2017 2018

Question 1 10 pts Use the information in the table to

Question 1 10 pts Use the information in the table to answer the question. Year Nominal Salary Price Level Real Salary 2015 2016 2017 2018 $48,000 $49,500 $50,000 $53,000 150 153 158 161 What was the Average per year % increase in NOMINAL salary between 2015 and 2018? 3.26% 3.51% 3.4496 3.36%

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