
Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767
Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 40
Which statement is true?
A) The minimum wage has kept up with the rate of inflation.
B) Average real hourly earnings are much higher today than they were in 1973.
C) A college degree is definitely not a ticket out of poverty since so many college graduates are poor.
D) Over half of the college students whose parents' incomes are in the top quartile finish college.
A) The minimum wage has kept up with the rate of inflation.
B) Average real hourly earnings are much higher today than they were in 1973.
C) A college degree is definitely not a ticket out of poverty since so many college graduates are poor.
D) Over half of the college students whose parents' incomes are in the top quartile finish college.
Explanation
Hence, the option a) is incorrect.
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Microeconomics 9th Edition by Stephen Slavin
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