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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: In 2008, the nominal minimum wage rate was $7.25 an hour and the CPI was 200. The real minimum wage
Post by: Loraine on Jun 21, 2015
In 2008, the nominal minimum wage rate was $7.25 an hour and the CPI was 200. The real minimum wage rate in 2008 was
A) $3.63 an hour.
B) $14.50 an hour.
C) $1450 an hour.
D) $26.32 an hour.
E) $7.25 an hour.


Title: Re: In 2008, the nominal minimum wage rate was $7.25 an hour and the CPI was 200. The real minimum w
Post by: Chimelo46 on Jul 17, 2015
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Title: Re: In 2008, the nominal minimum wage rate was $7.25 an hour and the CPI was 200. The real minimum wage
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.