(Table 3: Average Hourly Wages in Four Companies, 2017 and 2018)

question 43

Multiple Choice

(Table 3: Average Hourly Wages in Four Companies, 2017 and 2018) Table 3 provides the average hourly wage paid by each of four companies for two years. The inflation rate during 2018 was 3%. Workers at which company are suffering from the money illusion if they think that they are better off financially in 2018 than they were in 2017? $\begin{array}{c}\text { Table 3: Average Hourly Wages in Four Companies, } 2017 \text { and } 2018\\\begin{array}{|l|c|c|c|c|}\hline & \text { Company A } & \text { Company B } & \text { Company C } & \text { Company D } \\\hline \begin{array}{l}\text { Average hourly wage paid in } \\2017\end{array} & \$ 10 & \$ 20 & \$ 30 & \$ 40 \\\hline \begin{array}{l}\text { Average hourly wage paid in } \\2018\end{array} & \$ 10.35 & \$ 20.84 & \$ 30.75 & \$ 41.28 \\\hline\end{array}\end{array}$

• A) company A
• B) company B
• C) company C
• D) company D

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