Who most likely worked longer to buy a dozen eggs: a person living in 2009 or a person living in 1910? Why?
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A. A person living in 2009 because real per capita income has gone up. B. A person living in 2009 because the average workweek has fallen. C. A person living in 1910 because the average workweek has risen. D. A person living in 1910 because real per capita income has gone up.
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Answer:
The person in 1910 would have to put a greater percentage of their pay to buy a dozen eggs. That is based on an average annual income of about $800 and the average price of eggs being about $.30 a dozen. In 2010 the average US income was about $36,000 annually and the average cost of a dozen eggs was about $2.50 a dozen.
Yankees 27 in 09!! at Yahoo! Answers Visit the source
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