Which economic indicator will tell you whether real wages will rise or fall?

Question

Quizplus · Accepted Answer

The Consumer price index measures changes in the price level of a basket of goods and services that a typical household might purchase. If the CPI is increasing, it suggests that the cost of those goods and services is also increasing. This means that in order for workers to maintain their standard of living, they will likely need higher wages. Therefore, if the CPI is increasing, real wages (wages adjusted for inflation) will likely need to rise as well, and vice versa.

Which Economic Indicator Will Tell You Whether Real Wages Will