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If the minimum wage in 1988 was $3.65/hr and the CPI was 65.3, and the minimum wage in 2014 was $8.50/hr and the CPI is 137.5, when was the minimum wage worker better off: 1988 or 2014, AND what was the percentage of each?

a) Better off in 2014 because wages increased 133% and prices increased 111%

b) Better off in 1988 because wages increased 57% and prices increased 111%

c) Better off in 2014 because wages increased 57% and prices increased 53%

d) Better off in 1988 because wages increased 133% and prices increased 53%