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 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 ?

Group of answer choices

6.82%

7.13%

6.62%

6.99%

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