QUESTION IMAGE
Question
in a recruitment brochure, a labor union compared the annual earnings of minimum wage workers to the annual earnings of its own union members.
annual earning of minimum wage workers adjusted for inflation
how much more did a minimum wage worker earn in 1952 than in 1954?
$
Step1: Get 1952 earnings
From the graph, 1952 earnings = $\$9,300$
Step2: Get 1954 earnings
From the graph, 1954 earnings = $\$9,100$
Step3: Calculate the difference
Subtract 1954 earnings from 1952 earnings: $\$9,300 - \$9,100$
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$\$200$