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Question 113

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Use the following to answer questions .
Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005
Use the following to answer questions . Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005 -(Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005) What has happened to a mechanic's real hourly wage between 1975 and 2005? A) It rose by 180%. B) It fell by 18%. C) It rose by 5%. D) It fell by about 64%.
-(Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005) What has happened to a mechanic's real hourly wage between 1975 and 2005?


A) It rose by 180%.
B) It fell by 18%.
C) It rose by 5%.
D) It fell by about 64%.

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