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Open 11.) Workers are compensated by firns with "benefits" In addition to wages and salartes. The most prominent benefit offered by many fires is health insurance. Suppose that in 2000, workers at one steel plant were paid 538 per hour and in addition received health benefits at the rate of $6 per hour. Also suppose that by 2010 workers at that plant were paid $11.5 per hour but received $13.5 in Health Insurance benefits. 3. By what percentage did total compensation (wagos plus benefits) change at this plant from 2000 to 2010 Total compensation by: X What was the approxixate average annual percentage change in total compensation b. By what did wages change at this plant from 2000 to 2018? Mages by: What was the approximate average annual change in wages? c. If workers value a dollar of health benefits as such as they value a dollar of wages, by what total percentage will they feel that their incomes have risen over this time period what if they only consider wages when calculating their Incones Incones ! by: d. Is it possible for workers to feel as though their wages are stagnating even if total compensation is rising? Answert - Total compensation increased by: 25.00 2.503 was increased by 255 Income by 5 . Yus Prise & ) 0 3 5 6 7 8 9 o P E RT