Take the following as truth: The average hourly earnings of U.S. employees in textile mill products (SIC 22) went from $4.66 in 1979 to $10.02 in 1997'an increase of 115 percent and more than the increase in all manufacturing or nondurable manufacturing.
Then the following statement: "From 1979 t0 1997, the average earnings for a textile employee in the U.S. fell by 50 percent." is true, false, or inconclusive?
Answer: False