Determine how much money a person in the U.S. would have earned over the past 45 years (1978 - 2022) if that person worked a 40-hour week at minimum wage.
Below is a chart for you to use:
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To simplify the computations, disregard the month in the chart and assume the effective date started on January 1 of that year.
Also, use 52 weeks per year.
Note: Many states have enacted their own minimum wage laws that exceed the federal guidelines.
