Question

To compare the $1-an-hour your grandfather earned in 1950 with the $8-an-hour you earn today, you would need to:

Answer 1

Your answer will depend on your opinion, but here's one possible list of priorities:

help your grandfather paint his house, for which he will pay you $100

work an 8-hour shift at your part-time job where you earn $9 an hour

babysit your cousins for a few hours today for $25

Step-by-step explanation:

Answer 2

In order to compare the $1 an hour your grand father earn in the year 1950 with the $8 an hour you earn today, you would needed to calculate real wages in both 1950 and today. Calculating both 1950 and today salary of your grandfather will help you compare the earning your grandfather worked.