The trade union wants to find out if electrician’s salaries have increased since 2005 and by...
The trade union wants to find out if electrician’s salaries have increased since 2005 and by how much. All the information that they have is that the electrician salary index in 2005=126 and in 2017 the index had increased to 158. How much have salaries changed since 2005?
Group of answer choices
You do not have enough information to find out how much wages have changed
The index increased from 126 to 158 which represents a .8 times increase in indexed wages
The wage have gone up by 25% between 2005 and 2017
The wages are 225% higher in 2017 vs 2005.
Homework Answers
Here the wages were 126 in 2005 and now it is 158 in 2017
The increase is of 32
Increase % = 32/126 = 25.%
The wage have gone up by 25% between 2005 and 2017
Option C
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