In real terms, which of the following has been declining over the last decade or so?
A) The minimum wage
B) The price of health care
C) The price of textbooks
D) None of the above. All of the above have been rising.

Question

Quizplus · Accepted Answer

The real value of the minimum wage has been declining over the last decade or so when adjusted for inflation, meaning that the purchasing power of the minimum wage has decreased even if the nominal value might have increased.

In Real Terms, Which of the Following Has Been Declining