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3. Consider the following information about Nicaragua Real Real in wage base 2014 5.687.67 Year | CPI inflation | Wage l % change wage wage change adjusted real wage earcordobas wage 1999 43.98 n/a 2004 | 59.32 | 34.88% | 3.50 | 4000 200995.48 2014135.07 2.50 n/a $737.5 5.907.97 3.9%766.35 5.50 8.00 The wage is measured as thousands of Nicaraguan Cordobas per month. a. b. c. d. e. f. Find the inflation rates from 1999-2004, 2004-2009, 2009-2014. Find the percentage change in the wage across the same time periods Calculate the real wage in each year in base year cordobas Calculate the real wage in each year in 2014 cordobas Find the percentage change in the real wage for each time period. Using the real wage values from part d, convert to dollars if the exchange rate is 26 Nicaraguan cordobas per dollar. If goods/services are 60% cheaper in Nicaragua, calculate the purchasing power parity adjusted monthly real wage in each year, using your answers from part f. g.

I ALREADY KNOW HOW TO DO MOST OF THIS, DONT ANSWER THE WHOLE THING

The only thing I am having trouble with is calculating %real change and PPP adjusted wage. ONLY SHOW ME HOW TO DO THOSE. Please show work

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on T Inflalion rates bated = 9S-48-57, 32- / 59, 32 X 100 36-16 59, 32 loo 60 ,95刊 (07) 60.95小 = = 135-07-95 95.48 x100 ニ 39591 95.48 XİDD 41,464 .j. (on) H1-46小 n wage acos years 1999-3oo b Pencen ta je chanwages in gesi00 wage n 8009 KIo mulaNominal wage Price level X loo Real wages a Yean 139, -a、so)-H398 x100 68 (o)68 ー5.90 50eal wage 구.ca Keal wa Real wage o Real wage ,w, ss x 135,0구 19548 51.78 . Real wage in 201y.

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