Question: Question 1 Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $50,295 $51,030 $$52,397 $54,137 Price Level

Question 1 Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $50,295 $51,030 $$52,397 $54,137 Price Level 154 155 167 180 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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