Table 20-14
The table above reports the nominal average hourly earnings in private industry and the consumer price index for 1965 and 2010.
-Refer to Table 20-14. The percentage change in real average earnings from 1965 to 2010 equals
A) 2.0 percent.
B) 19.7 percent.
C) 24.6 percent.
D) 80.3 percent.

Question

Table 20-14
  The table above reports the nominal average hourly earnings in private industry and the consumer price index for 1965 and 2010.
-Refer to Table 20-14. The percentage change in real average earnings from 1965 to 2010 equals
A) 2.0 percent. 
B) 19.7 percent. 
C) 24.6 percent. 
D) 80.3 percent.

Quizplus · Accepted Answer

The percentage change in real average earnings from 1965 to 2010 is 24.6 percent.

Table 20-14 the Table Above Reports the Nominal Average Hourly