In order to determine if the quantity of goods and services that an hour's work can buy has increased or decreased between 2000 and 2010, one should compare the

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Real wages take into account changes in inflation (the general price level of goods and services), which means they represent the actual purchasing power of the wage. Comparing the real wage in 2000 with the real wage in 2010 will provide information on whether the quantity of goods and services that an hour's work can buy has increased or decreased over time.

In Order to Determine If the Quantity of Goods and Services