Use the following to answer questions Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005 -(Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005) Calculate a mechanic’s

Use the following to answer questions
Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005
-(Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005)
Calculate a mechanic’s real wage in 1975.
A)$25
B)$30
C)$31.2
D)$36

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