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Rationalize the denominator and simplify. Assume that all variables represent positive real numbers.
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CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.
Real Wages
Wages or salaries that have been adjusted for inflation, indicating the purchasing power of the income received by workers.
CPI
The Consumer Price Index is an indicator that calculates the weighted average price of a selection of consumer goods and services, including food, medical care, and transportation.
Real Wages
The purchasing power of wages, taking into account inflation, reflecting the amount of goods and services that can be bought with the wages earned.
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