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Recall Application 5, "The Declining Real Minimum Wage," to answer the following questions:
-According to the application, from 1974 to 2007 as the nominal minimum wage rose from $2 to
$5.85, the real minimum wage fell.
Hemoglobin
A protein found in red blood cells responsible for transporting oxygen from the lungs to the rest of the body and returning carbon dioxide from the body to the lungs.
Oxygen
A chemical element with symbol O and atomic number 8, essential for aerobic respiration in living organisms and supporting combustion.
Heme
An iron-containing component essential for oxygen transport in the blood, found in hemoglobin and myoglobin.
Red Blood Cells
Blood cells responsible for transporting oxygen from the lungs to tissues throughout the body and bringing carbon dioxide back from those tissues to the lungs.
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