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Author Question: 19742011Minimum wage per hour$ 2.00$ 7.25Weekly income from minimum wage$80.00$290.00Cost of a ... (Read 53 times)

ts19998

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19742011
Minimum wage per hour$  2.00$    7.25
Weekly income from minimum wage$80.00$290.00
Cost of a standard basket of goods$47.00$225.00
Number of baskets per week1.701.29

Table 2.5

Refer to the table above. The nominal value of the minimum wage in 2011 was:
◦ $2.00 per hour.
◦ $3.63 per hour.
◦ $5.62 per hour.
◦ $7.25 per hour.


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Marked as best answer by ts19998 on Jul 20, 2019

Jordin Calloway

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