Question: The following data for 2 0 1 7 are from the Organization for Economic Co - operation and Development ( OECD ) . Country Average

The following data for 2017 are from the Organization for Economic Co-operation and Development(OECD).
Country
Average Annual Hours Worked
Average Annual Wages
Germany
1,356
$47,585
United States
1,780
$60,558
The average German worker worked more than 400 fewer hours per year and earned nearly $13,000 less than did the average worker in the United States. Can we conclude anything about the well-being of the average German worker versus the well-being of the average worker in the United States from these data? What other measures would you like to see in evaluating the well-being of workers in these two countries?
Source: stat.oecd.org.
Part 2
Can we conclude anything about the well-being of the average German worker versus the well-being of the average worker in the United States from these data?
A.
Yes, the German worker is better off because they worked less per year.
B.
No, because we do not have information about the relative value of the currencies.
C.
Yes, the German worker is worse off because they earned less per year.
D.
No, because although the German worker earned less per year, they also worked less per year.
Part 3
What measures besides average number of hours worked and real per capita GDP would you like to have to evaluate the well-being of workers in OECD countries?
A.
Indicators of pollution, crime and other social problems, and the distribution of income.
B.
Indicators of population density, transportation, and average energy use.
C.
Indicators of social programs, transportation, and crime.
D.
Indicators of population density, the distribution of income, and average energy use.

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