Table 20-16 -Refer to Table 20-16

question 59

Multiple Choice

Table 20-16
$$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Nominal Average } \\\text { Hourly Earnings }\end{array} & \begin{array} { c } \text { CPI } \\( \mathbf { 1 9 8 2 - 1 9 8 4 } = \mathbf { 1 0 0 } ) \end{array} \\\hline 2014 & \$ 10 & 100 \\\hline 2015 & 10 & 105 \\\hline 2016 & 12 & 110 \\\hline\end{array}$$
-Refer to Table 20-16.Looking at the table above,real wages ________ from 2014 to 2015,and real wages ________ from 2015 to 2016.

• A)rose;rose
• B)rose;fell
• C)fell;rose
• D)fell;fell

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Definitions:

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