Problem on saving versus working


Question: Based on the chart below, in which year is it best to be a saver? Best to be a worker? Worst to be a saver? Worst to be a worker?

year money/wage cpi interest rate
1999 7.50 106 6%
2000 7.90 105 7%
2001 8.20 114 8%
2002 8.40 120 7%
2003 8.80 121 7.50%
2004 9.50 130 7%
2005 10.00 140 8%
2006 10.30 145 7.50%
2007 11.10 146 7.00%

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Microeconomics: Problem on saving versus working
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