Table 20-17 -Refer to Table 20-17

question 84

Multiple Choice

Table 20-17
$$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Nominal Average } \\\text { Hourly Earnings }\end{array} & \begin{array} { c } \text { CPI } \\( \mathbf { 1 9 8 2 - 1 9 8 4 } = \mathbf { 1 0 0 } ) \end{array} \\\hline 2014 & \$ 10 & 188.9 \\\hline 2015 & 11 & 195.3 \\\hline 2016 & 13 & 201.6 \\\hline\end{array}$$
-Refer to Table 20-17.Looking at the table above,real average hourly earnings between 2015 and 2016 changed by

• A)1.2%.
• B)4.5%.
• C)9.9%.
• D)14.5%.

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