Suppose an individual is paid $10 per hour for 10 years, and for the first year the price index is 1. By the tenth year the price index is 3. By how much did the real wage change over the past 10 years?

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The Answer of Suppose an individual is paid $10 per hour for 10 years, and for the first year the price index is 1. By the tenth year the price index is 3. By how much did the real wage change over the past 10 years?

Suppose an Individual Is Paid $10 Per Hour for 10