Average family income is right where it was 20 years ago, even though in most families these days husbands and wives are working. The above statement implies all the following except:
A even though nominal, family income may have been increased, inflation has risen at an equal rate
B More husbands and wives are working today than 20 years ago.
C It was ore prevalent for one spouse to work 20 years ago than today
D Wives earn more than husbands today
Solution
Correct Answer: Option D
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