Between 1980 and 2014, inflation wiped out most of the wage gains of the typical worker.

Name: Between 1980 and 2014, inflation wiped out most of the wage gains of the typical worker.
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Question

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Studies have shown that while the average hourly wage for workers has increased since 1980, inflation has largely reduced the purchasing power of those wages. Therefore, the wage gains have been largely offset by increasing costs of living.

Between 1980 and 2014, Inflation Wiped Out Most of the Wage