What average raise the labor force earned

Assignment Help Financial Management

Reference no: EM131981791

Minimum wage was $.75 in 1950. The gold price, an ounce of gold was $35. Current minimum wage is $7.25 an hour and gold is $1235. The market determined gold price and our law makers in Washington have set the minimum wage over time. What average raise the labor force earned over 1950 to current time? What annual annual increase in gold price converted $35 into over over $1235? Do you think the Congress should stop regulating minimum wage? Why so or why not?

Reference no: EM131981791

Questions Cloud

What is the protectionism : What is protectionism? The U.S., under Donald Trump's, is conducting more protectionist strategies? Provide a one example that supports this statement.

How englehardts concept of victory culture been reflected : Write 200 to 250 words per essay. How has Englehardt's concept of victory culture been reflected in war toys, films & TV series since WWII?

Contingency table for injuries in the united states : A contingency table for injuries in the United States, by circumstance and gender, is as follows. Frequencies are in millions.

Two investment accounts : You have your choice of two investment accounts. How much money would you need to invest in B today for it to be worth as much as Investment A 9 years from now?

What average raise the labor force earned : What average raise the labor force earned over 1950 to current time?

Analyze what is the books argument-thesis-main point : Analyze What is the book's argument/thesis/main point? Is the argument/thesis/main point convincing? How does the author substantiate their claims?

Calculate fair price for six month forward contract : calculate a fair price for a six month forward contract.

Describe each of the given channels : MamaBear (fictional), a designer and manufacturer of baby carriers and strollers, would like to roll out a social media strategy and has hired you to consult.

Distribution of colors is not uniform : You buy 40 gumballs and record the colors. Is there sufficient evidence to suggest that the distribution of colors is not uniform?

User Account

All Pages