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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 28
Which job paid the highest real wages over the last 20 years? One that paid ___.
A) twice the minimum wage rate
B) a fixed wage of$10an hour
C) a starting hourly wage of $10 with raises adjusted to the consumer price index (CPI)
D) exactly the real average hourly wage rate in 1982 dollars
A) twice the minimum wage rate
B) a fixed wage of$10an hour
C) a starting hourly wage of $10 with raises adjusted to the consumer price index (CPI)
D) exactly the real average hourly wage rate in 1982 dollars
Explanation
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A starting hourly wage of $10 with raise...
Microeconomics 9th Edition by Stephen Slavin
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