The average hourly earnings for a construction worker is projected to be $24.50 in 2012. Jason wants to join the construction work force after he graduates in 2012. His friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. Based on the data below, assuming that the projected hourly earnings are correct, is Jason’s friend’s statement accurate? Construction Industry - Average Hourly Earnings, 2000-2009 a. His friend’s statement is accurate. The average hourly earnings will increase by 2%. b. His friend’s statement is not accurate. The percent increase will be more than 2% c. His friend’s statement is not accurate. The percent increase will be less than 2% d. His friend’s statement is not accurate. The average hourly earnings will decrease.