Recall Application 5, "The Declining Real Minimum Wage," to answer the following questions:
-According to the application, the weekly income earned in 1974 at that time could buy _______ standard baskets of goods and services in 2007.
A) 1.16
B) 1.70
C) 2.81
D) 1.54

Question

Quizplus · Accepted Answer

According to the application, the weekly income earned in 1974 could buy 1.70 standard baskets of goods and services in 2007.

Recall Application 5, "The Declining Real Minimum Wage," to Answer