Sam Steward is a freelance Web page designer. Listed are Sam’s yearly wages between 2019 and 2022. Also included is an industry index for Web page designers that reports the rate of wage inflation in the industry. This index has a base period of 2010.

Compute Sam’s real income for the selected years during the 4-year period. Did his wages keep up with inflation, or did Sam lose ground?

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Year 2019 2020 2021 2022 Wage ($000) 134.8 145.2 156.6 168.8 Index (2010 = 100) 160.6 173.6 187.9 203.3