5
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Inflation and Stagflation (continued)

Question 5 • 26-27 Ignite Economics-KY-Economics

The minimum wage reached $5 an hour in .

Answer
A
1981
B
1997
C
2009

Explanation

The federal minimum wage rose to $5.15 per hour in 1997, so it had reached $5 by that year. The correct choice is 1997.

AI-written and checked against the verified answer.

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