Between 1991 and 2008, the Federal Minimum Wage Increased from $4.25

Multiple Choice

Between 1991 and 2008, the federal minimum wage increased from $4.25 per hour to $6.55 per hour, while the CPI increased from 136.2 to 215.3. We can conclude from this that

A) the minimum wage increased in nominal and in real terms.
B) the minimum wage decreased in nominal terms but increased in real terms.
C) the minimum wage increased in nominal terms but decreased in real terms.
D) more information is needed to determine what happened to the real minimum wage over the period.