According to the New Hampshire Department of Education, the average teacher salary in public school districts...

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According to the New Hampshire Department of Education, the average teacher salary in public school districts in New Hampshir

b. Calculate the percentage change in the dollar value (nominal) as well as the purchasing power (real) of salaries. (Leave n

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Answer 1

Answer #1

Year	CPI	PPI	Revenue	Real Salary
2006	201.59	164.8	46797	23213.95
2007	207.34	172.7	48310	23299.89
2008	215.3	189.6	46797	21735.72

Year	Nominal Salary	Real Salary
2006	-	-
2007	3.23	0.37
2008	-3.13	-6.71

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Answer 2

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