YearAntonio's Hourly wageConsumer Price Index2006$8.40201.62010$9.05218.1 Refer to Table 8.2. From 2006 to 2010, Antonio received a total of $0.65 in pay raises, and the CPI also increased as shown in the table. What was Antonio's real wage in 2010, if 2006 is used as the base year?

A. $9.05
B. $8.40
C. $8.37
D. $9.09


Answer: C

Economics

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