Table 13-14 The Table Above Reports the Nominal Average Hourly Earnings in Nominal

question 42

Multiple Choice

Table 13-14
$\begin{array}{|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Nominal Average } \\\text { Hourly Earnings }\end{array} & \begin{array}{c}\text { CPI (1982-1984 = } \\\mathbf{1 0 0}) \end{array} \\\hline 1965 & \$ 2.65 & 32 \\\hline 2010 & 22.59 & 219 \\\hline\end{array}$ The table above reports the nominal average hourly earnings in private industry and the consumer price index for 1965 and 2010.
-Refer to Table 13-14.The real average hourly earnings for 1965 in 1982-1984 dollars equal

• A) $1.28.
• B) $6.49.
• C) $8.28.
• D) $15.45.

---

Definitions:

Group Of Specialists

A team composed of individuals with advanced knowledge and skills in specific fields or areas of expertise.

Internal Structures

The organizational frameworks and hierarchies within a company that dictate how activities are directed to achieve the organization's goals.

Dominant Technologies

The most advanced and widely accepted technologies in a particular field or industry at a given time.

Information Technology

The use of computers and software to manage information, often abbreviated as IT.