In most states, the statutory monthly wage is tied to the cost of living index or the state's average monthly wage.

Question

Quizplus · Accepted Answer

In most states, the statutory monthly wage, often referred to as the minimum wage, is not directly tied to the cost of living index or the state's average monthly wage. Instead, it is set by state legislation and can be influenced by various factors, including political, economic, and social considerations.

In Most States, the Statutory Monthly Wage Is Tied to the Cost