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of 10: The Bureau of Labor and Statistics (2023) reports that the average worker with a high school diploma...

QUESTION 2 of 10: The Bureau of Labor and Statistics (2023) reports that the average worker with a high school diploma will earn about $46,000 per year, and a worker with a bachelor's degree will earn about $91,000 per year. The average salary of the high school graduate is what percent of the college graduate?
a) 2.12%
b) 14.7%
c) 41.5%
d) 50.5%

Answer

Answer: To find what percent the average salary of the high school graduate is of the college graduate, use the formula:

Percent = (High School Salary / College Salary) * 100

Percent = ($46,000 / $91,000) * 100 ≈ 50.5%

Correct option: d) 50.5%

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