In 1280, England's population was nearly five million, and the average real wage was 61% of the level it would be in the mid-19th century. Based only on the relationship between these two figures for that specific year, what is the most logical inference about the economic condition of the average worker?

Interpreting 1280 Economic Data

The data from 1280, indicating an English population of nearly five million and a wage index of 61 (where 1860 = 100), suggests that labor was abundant and, as a result, its value was relatively low.

A Landowner's Dilemma in 1280 England

Sufficiency of 1280 Economic Data

The economic data for England in 1280 shows a population of nearly five million and a wage index of 61 (relative to a benchmark of 100 in the mid-19th century). The low wage index, combined with the high population figure, suggests that labor was relatively ________, depressing the purchasing power of the average worker.

In 1280, England's population was nearly five million, and the wage index was 61 (relative to a baseline of 100 in the mid-19th century). By 1350, the population had fallen dramatically, while the wage index had risen to over 100. What is the most direct economic principle that explains the relationship between the changed population and the new wage level?

In 1280, England had a population of nearly five million, and its wage index stood at 61 (relative to a benchmark of 100 in the mid-19th century). Consider a hypothetical, comparable pre-industrial country from the same era with a population of two million and a wage index of 115. Analyzing these two data points together, what is the most likely economic principle at play regarding the labor market?

The wage index for England in 1280 was 61, using the wage level of the year 1860 as a benchmark of 100. If an average worker in 1860 earned a hypothetical 20 shillings per week, what would have been the approximate weekly wage for an average worker in 1280?

Critique of a 1280 Population Policy