Table 5.14 The table above reports the nominal average hourly wage and the consumer price index for 1956 and 2012.
-Refer to Table 5.14.The real average hourly earnings for 1956 in 2015 dollars equal
A)$1.53.
B)$2.82.
C)$10.69.
D)$13.62.
E)$15.83.

Question

Table 5.14  The table above reports the nominal average hourly wage and the consumer price index for 1956 and 2012.
-Refer to Table 5.14.The real average hourly earnings for 1956 in 2015 dollars equal
A)$1.53. 
B)$2.82. 
C)$10.69. 
D)$13.62. 
E)$15.83.

Quizplus · Accepted Answer

The Answer of Table 5.14  The table above reports the nominal average hourly wage and the consumer price index for 1956 and 2012.
-Refer to Table 5.14.The real average hourly earnings for 1956 in 2015 dollars equal
A)$1.53. 
B)$2.82. 
C)$10.69. 
D)$13.62. 
E)$15.83.

Table 514 the Table Above Reports the Nominal Average Hourly