Multiple Choice
The real minimum wage rate
A) has generally increased since 1967.
B) has generally decreased since 1967.
C) was at its highest level in 1995.
D) fell after 1967 until it reached a minimum around 1985 and has generally risen since then.
E) has stayed in the range between $6 and $5 (measured in 2005 dollars per hour) since 1967.
Correct Answer:
Verified
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