LJ Posted January 20, 2005 Report Share Posted January 20, 2005 I can't get ahold of anybody. Does anyone know how to calculate real wage rate using the CPI, Inflation Rate, base year, and nominal wage? Quote Link to comment Share on other sites More sharing options...
Alex1647545498 Posted January 20, 2005 Report Share Posted January 20, 2005 http://www1.jsc.nasa.gov/bu2/inflate.html http://www.gpec.org/InfoCenter/Topics/Economy/USInflation.html http://www.halfhill.com/inflation.html Quote Link to comment Share on other sites More sharing options...
LJ Posted January 20, 2005 Author Report Share Posted January 20, 2005 thanks, but more or less I need a formula for it Quote Link to comment Share on other sites More sharing options...
LJ Posted January 21, 2005 Author Report Share Posted January 21, 2005 I got ahold of someone in my class, I got it Quote Link to comment Share on other sites More sharing options...
Alex1647545498 Posted January 21, 2005 Report Share Posted January 21, 2005 Cool glad to hear. Real Wage = Nominal Wage / 1 + % Increase in Prices Since Base Year Quote Link to comment Share on other sites More sharing options...
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