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by
erko_
822 days ago
The 15% increase in wages is in real terms, meaning it's already been adjusted with inflation. Think of it this way: in nominal terms, wage increase would be 715%.
1 comments
Rexxar
822 days ago
+15% is x1.15, +700% is x8. 1.15x8 is 9.2 so the number you want is +820%.
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