Table 13-15 -Refer to Table 13-15

Table 13-15
$\begin{array}{|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Nominal Average } \\\text { Hourly Earnings }\end{array} & \text { CPI } \\\hline 2016 & \$ 10 & 100 \\\hline 2017 & 10 & 105 \\\hline 2018 & 12 & 110 \\\hline\end{array}$
-Refer to Table 13-15.Looking at the table above,real average hourly earnings in 2016 were

A) $9.
B) $9.52.
C) $10.
D) $12.63.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free