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

question 282

Multiple Choice

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.

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Definitions:

Navigation Acts

A series of laws enacted by the British Parliament in the 17th century, aimed at restricting the use of foreign shipping for trade with England (and later with its colonies), to bolster the British mercantile system.

Vice-Admiralty Courts

Courts established in British colonies to deal with maritime issues, including smuggling and violations of navigation acts, often criticized for their lack of jury trials.

Enumerated Goods

Enumerated goods are specific commodities listed in various navigation and trade laws, especially during the colonial period, which were allowed to be shipped only to specific destinations.

African Slavery

The forced enslavement of African people, primarily occurring from the 16th to the 19th centuries, involving their transportation to the Americas to work on plantations.