Suppose that a factory worker receives an increase in his wage rate of 15 percent over the next year. In addition, suppose that the price of the goods and services he consumes rises by 10 percent. How much has this factory worker's real wage changed by?

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The Answer of Suppose that a factory worker receives an increase in his wage rate of 15 percent over the next year. In addition, suppose that the price of the goods and services he consumes rises by 10 percent. How much has this factory worker's real wage changed by?

Suppose That a Factory Worker Receives an Increase in His