Table 5-7 Shows a Mechanic's Hourly Wage and the Respective

question 62

Multiple Choice

Table 5-7 shows a mechanic's hourly wage and the respective price indexes for the years 1975 and 2005. Use the table to answer questions .
Table 5-7

-Refer to Table 5-7. Calculate a mechanic's real wage in 2005.

• A) $26.25
• B) $40
• C) $70
• D) $100.80

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Definitions:

Asch's Experiments

Studies conducted by Solomon Asch that demonstrated the power of conformity in groups, where individuals often go along with a group's consensus even when it is clearly incorrect.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Ostracized

The act of excluding or ignoring someone from a social group, leading to feelings of isolation for the individual concerned.

Deviant

Behaviors or actions that deviate from the accepted norms or standards within a society or group, which can be either positive or negative.