Question: Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $55,000 $57,600 $58,752 $61,690 Price Level 150 153

Use the information in the table to answer the question. Year

Use the information in the table to answer the question. Year 2015 2016 2017 2018 Nominal Salary $55,000 $57,600 $58,752 $61,690 Price Level 150 153 158 161 Real Salary What was the % increase in NOMINAL salary between 2015 and 2017

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