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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 139 times)

mmm

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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. By what percentage did the federal minimum wage increase from 1974 to 2011?
◦ 72.41 percent
◦ 262.5 percent
◦ 362.5 percent
◦ 525.0 percent


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Marked as best answer by mmm on Jul 20, 2019

Madisongo23

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