Minimum Wage The table below is taken from the website of the U.S. Department of Labor. It shows the minimum wage for each decade from 1950 to 2010. The figures are adjusted for inflation and expressed in constant 2012 dollars.
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1950 |
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1960 |
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1970 |
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1980 |
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1990 |
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2000 |
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2010 |
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a. Find the value of
b. Use functional notation to express the minimum wage in 1985.
c. Use the table to estimate the minimum wage in 1985. (The actual value was
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