The standard of living
1.[2p] Money wages in a district rise 50 per cent while the cost of living rises 40 per cent. By what percentage do real wages rise?
Money wages in a district rise 50 per cent while the cost of living rises 40 per cent. By what percentage do real wages rise?
2.[1p] British real wages rose between about 1790 and 1810, while money wages rose 40 per cent and the cost of living 70 per cent.
British real wages rose between about 1790 and 1810, while money wages rose 40 per cent and the cost of living 70 per cent.
3.[3p] What did Charles Feinstein's 1998 revision find about British real earnings?
What did Charles Feinstein's 1998 revision find about British real earnings?
4.[3p] Which of these genuinely make a real wage series hard to build for this period?
Which of these genuinely make a real wage series hard to build for this period?
Select all that apply
5.[3p] Output per worker rises 46 per cent while the real wage rises 12 per cent. By what percentage does labour's share of output fall?
Output per worker rises 46 per cent while the real wage rises 12 per cent. By what percentage does labour's share of output fall?
6.[2p] Whose 1998 article, titled Pessimism Perpetuated, revised the real wage series?
Whose 1998 article, titled Pessimism Perpetuated, revised the real wage series?
7.[2p] In a population where half of all deaths are of infants aged 1 and half of adults aged 60, what is the average age at death?
In a population where half of all deaths are of infants aged 1 and half of adults aged 60, what is the average age at death?
8.[3p] Why is Chadwick's "average age at death" of 17 for Manchester labourers not a lifespan?
Why is Chadwick's "average age at death" of 17 for Manchester labourers not a lifespan?
9.[3p] Match each kind of evidence to what it actually measures.
Match each kind of evidence to what it actually measures.
Real wages
Adult heights
Average age at death
Life tables
the risk of dying at each age separately
nutrition and disease during the years of growth
mostly infant mortality and the age structure of the population
the purchasing power of an hour of work
Show the answer
Real wages: the purchasing power of an hour of work Adult heights: nutrition and disease during the years of growth Average age at death: mostly infant mortality and the age structure of the population Life tables: the risk of dying at each age separately