Multiple Choice
The table above reports the nominal average hourly earnings in private industry and the consumer price index for 1965 and 2005.
-Refer to Table 16 -7. The real average hourly earnings for 1965 in 1982 -1984 dollars equal
A) $1.35.
B) $84.80.
C) $5.19.
D) $8.28.
Correct Answer:
Verified
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