Refer to the Information Provided in Table 15

question 4

Multiple Choice

Refer to the information provided in Table 15.1 below to answer the questions that follow.
Table 15.1
-Refer to Table 15.1. What is the real wage rate in 2014 using 2016 as the base year?

• A) $6.00
• B) $6.84
• C) $11.40
• D) $13.30

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Definitions:

Exculpatory Clause

A clause that releases a contractual party from liability in the event of monetary or physical injury, no matter who is at fault.

Covenant Not to Compete

A legal agreement where one party agrees not to enter into or start a similar profession or trade in competition against another party.

Enforce

The act of compelling obedience or compliance with a law, rule, or obligation through legal or authoritative means.

Restrictions

Limitations or conditions placed on actions, activities, or agreements to regulate or control their scope and enforceability.