Xr03-80 The accompanying table lists the federal minimum wage from 1955 to 2007. The actual and adjusted minimum wages (in constant 1996 dollars) are listed.

a. Suppose you wish to show that the federal minimum wage has grown rapidly over the years.

Draw an appropriate chart.

b. Draw a chart to display the actual changes in the federal minimum wage.

Constant Constant Current 1996 Current 1996 Year Dollars Dollars Year Dollars Dollars 1955 0.75 4.39 1982 3.35 5.78 1956 1.00 5.77 1983 3.35 5.28 1957 1.00 5.58 1984 3.35 5.06 1958 1.00 5.43 1985 3.35 4.88 1959 1.00 5.39 1986 3.35 4.80 1960 1.00 5.30 1987 3.35 4.63 1961 1.15 6.03 1988 3.35 4.44 1962 1.15 5.97 1989 3.35 4.24 1963 1.25 6.41 1990 3.80 4.56 1964 1.25 6.33 1991 4.25 4.90 1965 1.25 6.23 1992 4.25 4.75 1966 1.25 6.05 1993 4.25 4.61 1967 1.40 6.58 1994 4.25 4.50 1968 1.60 7.21 1995 4.25 4.38 1969 1.60 6.84 1996 4.75 4.75 1970 1.60 6.47 1997 5.15 5.03 1971 1.60 6.20 1998 5.15 4.96 1972 1.60 6.01 1999 5.15 4.85 1973 1.60 5.65 2000 5.15 4.69 1974 2.00 6.37 2001 5.15 4.56 1975 2.10 6.12 2002 5.15 4.49 1976 2.30 6.34 2003 5.15 4.39 1977 2.30 5.95 2004 5.15 4.28 1978 2.65 6.38 2005 5.15 4.14 1979 2.90 6.27 2006 5.15 4.04 1980 3.10 5.90 2007 5.85 4.41 1981 3.35 5.78