As of June 2013, after two 70-cent increases in recent years, the federal minimum wage was

A. nearly $9.00 per hour.
B. $5.15 per hour.
C. $5.85 per hour.
D. $7.25 per hour.

Answer: D

Economics

You might also like to view...

Explain how to calculate the slope of a line. What does the slope measure?

What will be an ideal response?

Economics

If a dollar buys more corn in the U.S. than in Mexico, then

a. the real exchange rate is greater than 1; a profit might be made by buying corn in the U.S. and selling it in Mexico. b. the real exchange rate is greater than 1; a profit might be made by buying corn in Mexico and selling it in the U.S. c. the real exchange rate is less than 1; a profit might be made by buying corn in the U.S. and selling it in Mexico. d. the real exchange rate is less than 1; a profit might be made by buying corn in Mexico and selling it in the U.S.

Economics