Question: The table below shows the annual change in the average nominal wage and inflation rate since 2 0 0 8 . a . Compute the

The table below shows the annual change in the average nominal wage and inflation rate since 2008.
a. Compute the percentage change in real income for each year shown in the table.
Instructions: In part a, round your answers to 2 decimal places. In parts b and c, enter your answers as a whole num negative number include a minus sign.
Percentage Changes in Nominal Income and Prices
\table[[,\table[[Annual],[Inflation],[Rate],[(percent)]],\table[[Annual],[Nominal Wage],[Growth],[(percent)]],\table[[Annual Real Wage],[Growth],[(percent)]],],[2008,4.088,0.358,,,8],[2009,-0.37,-1.31,,,],[2010,1.71,-0.79,,,],[2011,3.4,1.48,,,],[2012,2.18,2.91,,,],[2013,1.51,2.39,,,]]
b. Of the years listed above, the paycheck of the average worker declined in of the six years.
c. Of the years listed above, the purchasing power of the average worker declined in of the six years.
d. The average real income of households can increase
 The table below shows the annual change in the average nominal

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