In Microsoft Excel use the "Minimum Wage" series (https://fred.stlouisfed.org/series/FEDMINNFRWG) which s reported in nominal terms, to construct a "minimum wage" series in real terms (i.e. express everything in constant dollars, use 2019M1). To do so, use "Consumer Price Index For All Urban Consumers" CPI inflation and Core CPi (https://fred.stlouisfed.org/series/CPIAUCSL). Express nominal quantities in terms of January 2019.

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