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Even though the minimum wage has been rising in the U.S. since 1938, it has lost value. This is because Question 8 Select one: A.
Even though the minimum wage has been rising in the U.S. since 1938, it has lost value. This is because Question 8 Select one: A. it has been adjusted with the inflation. B. all other choices are correct. C. the minimum wage can buy fewer goods now, compared to the 70s. D. the supply of workers willing to work for minimum wage has decreased. E. the demand for minimum wage jobs has decreased
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
