The following table contains the nominal value of the minimum wage in force in each year and the National Consumer Price
Posted: Wed Jul 06, 2022 5:55 am
The following table contains the nominal value of the minimumwage in force ineach year and the National Consumer Price Index from 2010
a) Build a new table, covering the years 2010 to 2022,containing a column with the National Consumer Price Index(NCPI) with the year 2022 having a value of 100 (NCPI 2022 = 100)and another column with the Minimum WageReal at 2022 prices
Ano National Consumer Price Index : 2010-100 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 100,00 106,08 112,65 118,92 126,33 140,57 149,82 152,92 158,17 165,26 174,26 191,97 201,49 Nominal Minimum Wage US$ 510 545 622 678 724 788 880 937 954 998 1045 1100 1212
a) Build a new table, covering the years 2010 to 2022,containing a column with the National Consumer Price Index(NCPI) with the year 2022 having a value of 100 (NCPI 2022 = 100)and another column with the Minimum WageReal at 2022 prices
Ano National Consumer Price Index : 2010-100 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 100,00 106,08 112,65 118,92 126,33 140,57 149,82 152,92 158,17 165,26 174,26 191,97 201,49 Nominal Minimum Wage US$ 510 545 622 678 724 788 880 937 954 998 1045 1100 1212