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

question 133

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 1975.

• A) $25
• B) $30
• C) $31.2
• D) $36

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Definitions:

Critical Thinking Error

A mistake in reasoning or process in evaluating information, leading to incorrect conclusions or judgments.

Preparedness

The state of being ready and able to deal with specific situations or emergencies.

Cognitive Development

The process by which one becomes an intelligent person.

William Perry

An American educator and psychologist known for his theory of intellectual and ethical development in college students.