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

question 19

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.

---

Definitions:

Selection

Is concerned with identifying the best candidate or candidates for a job from among the pool of qualified applicants developed during the recruiting process.

Qualified Applicants

Individuals who meet the necessary skills, experience, and educational requirements that are set for a particular job position.

Recruiting Process

The series of actions taken by an organization to attract and select candidates for employment, typically involving sourcing, screening, and interviewing.

Vestibule Training

Involves a work-simulation situation in which the job is performed under a condition that closely simulates the real work environment.