Average US

question 122

Multiple Choice

Average U.S.wages in 1990 were $28,960,far larger than the average wage in 1930 of $1,970.What was the average annual increase in wages over this 60-year period?

• A)3.31%
• B)2.45%
• C)24.50%
• D)4.58%

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Definitions:

Triggering Event

A specific occurrence that initiates a chain of events or causes a particular effect or reaction.

Lifelong Learning

The ongoing, voluntary, and self-motivated pursuit of knowledge for personal or professional reasons throughout a person’s life.

Small Business Owner

An individual who owns a small-scale enterprise, typically characterized by independent ownership, operation, and fewer employees.

Formal Education

Structured educational system that includes primary, secondary, and higher education institutions, typically following a standardized curriculum.