Maurice Tutor

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Teaching Since: May 2017
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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Oct 2017 My Price 5.00

minimum wage

From Table 2.2, the CPI (with a base of 100 in 1982–1984) rose from 130.7 in 1990 to 201.6 in 2006. The federal minimum wage (nominal hourly wage) in 1990 was $3.80, and it was $5.15 in 2006. Calculate the minimum wage in real (1982–1984) dollars. Did the federal minimum wage increase or decrease in real dollars from 1990 to 2006?

Answers

Maurice Tutor
(5)
Status NEW Posted 02 Oct 2017 01:10 PM My Price 5.00

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