Multiple Choice
Ontario's hourly minimum wage was fixed at $6.85 over the period from 1995 to 2000.The province's CPI increased from 104.3 in 1995 to 107.4 in 2000.In real terms,Ontario's minimum wage _______ by _______ between 1995 and 2000.
A) decreased;3%
B) increased;4%
C) decreased;5%
D) increased;3%
E) decreased;8%
Correct Answer:

Verified
Correct Answer:
Verified
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