Jodie earns 25000 atthe end of year 1when the cpi was 460


Jodie earns 25,000 atthe end of year 1,when the CPI was 460. If the CPI at the end ofyear 2 is 504, what would Jodie have to earn at the end of year 2to maintain a constant real wage?What would she ahve to earn in year 2 to obtain a 5% increasein her real wage?

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Macroeconomics: Jodie earns 25000 atthe end of year 1when the cpi was 460
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