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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 114 times)

ec501234

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on: Jul 20, 2019
​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. What happened to the real value of the minimum wage between 1974 and 2011?
◦ It decreased.
◦ It increased.
◦ It remained the same.
◦ It could not be determined from the given information.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by ec501234 on Jul 20, 2019

jxjsniuniu

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ec501234

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Reply 2 on: Jul 20, 2019
Excellent

emsimon14

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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