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

question 5

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. Which of the following statements is true?

• A) Although the nominal wage increased, the real wage fell.
• B) Both the nominal and the real wage rose.
• C) Based on the values of the price index, real hourly wage doubled over the 30-year period.
• D) The purchasing power of the mechanic has slowly diminished over the years.

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Definitions:

Pollution Prevention

Strategies and practices aimed at reducing or eliminating the production of pollutants at their source, rather than managing them after they have been created.

Pollution Cleanup

The process of removing contaminants from the environment, including soil, water, and air, to reduce pollution and restore ecosystems to their natural state.

Technological Impact

The effect of technology on society and the environment, which can be positive, negative, or neutral.

Consumption Per Person

The average amount of a resource, product, or energy used by a single individual, often used to assess lifestyle impacts on the environment or to gauge economic activity.