The average wage of production workers (adjusted for the effects of inflation) was $11.08 an hour in 1981 and $10.35 an hour in 1991. In the decade of the 1980s, wages went down by about
A) 73%.
B) 7.3%.
C) 7.0%.
D) 6.6%.

Question

Quizplus · Accepted Answer

The percentage decrease in wages is calculated as ((11.08 - 10.35) / 11.08) * 100%, which equals approximately 6.6%.

The Average Wage of Production Workers (Adjusted for the Effects