Question
SHOW ALL YOUR WORK: (EXPLAIN): When your instructor turned 16 years old in March of 1981, he got a job at Houchens Market for the
SHOW ALL YOUR WORK: (EXPLAIN):
When your instructor turned 16 years old in March of 1981, he got a job at Houchens Market
for the then minimum wage of $3.35 per hour. How was he doing compared with a minimum
wage worker today?
Then briefly explain why you had to adjust for inflation.
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
