Question: SHOW ALL YOUR WORK: (EXPLAIN): When your instructor turned 16 years old in March of 1981, he got a job at Houchens Market for the

SHOW ALL YOUR WORK: (EXPLAIN):

When your instructor turned 16 years old in March of 1981, he got a job at Houchens Market

for the then minimum wage of $3.35 per hour. How was he doing compared with a minimum

wage worker today?

Then briefly explain why you had to adjust for inflation.

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