Table 514 the Table Above Reports the Nominal Average Hourly

question 299

Multiple Choice

Table 5.14 The table above reports the nominal average hourly wage and the consumer price index for 1956 and 2012.
-Refer to Table 5.14.The percentage change in real average wage from 1956 to 2015 equals

• A)2.0 percent.
• B)8.7 percent.
• C)21.7 percent.
• D)84.6 percent.
• E)154.3 percent.