Sunflowers Inc. paid its workers $8 an hour in 2018 and $9 a…
Sunflowers Inc. paid its workers $8 an hour in 2018 and $9 an hour in 2019. The GDP price index was 252 in 2018 and 257 in 2019. Calculate the real wage rate in each year. Round to two decimals. The real wage rate in 2018 was $ The real wage rate in 2019 was $