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The question is attached. Exhibit: Mechanics Hour] W - e and Price Indexes for 1975 and 2005 Mechanic's hourly wage $30 3-2 1. (Exhibit: Mechanics

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Exhibit: Mechanics Hour] W - e and Price Indexes for 1975 and 2005 Mechanic's hourly wage $30 3-2 1. (Exhibit: Mechanics Hourly Wage and Price Indexes for 1975 and 2005) What has happened to a mechanic's real hourly wage between 1975 and 2005 ? a. It rose by 180%. b. It fell by 18%. c. It rose by 5%. d. It fell by about 64%

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