Comment by jacobolus
4 hours ago
Real wages are inflation adjusted. So if everything costs 336% of what it did in 1980, and the real ages are 112% of what they were, then that means nominal wages are 376% of what they were.
4 hours ago
Real wages are inflation adjusted. So if everything costs 336% of what it did in 1980, and the real ages are 112% of what they were, then that means nominal wages are 376% of what they were.
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