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According to our discussion in class, which of the following is true of the minimum wage in the U.S.?

a. The real value of the minimum wage has generally increased over the last 50 years

b. The real value of the minimum wage has generally declined over the last 50 years

c. The real value of the minimum wage has remained surprisingly constant over the last 50 years

d. Nice try Dan, there was no such thing as the minimum wage 50 years ago

Reference no: EM131006351

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