After Increasing from $5

question 22

Multiple Choice

After increasing from $5.15 in 2007 to $7.25 in 2009, the inflation-adjusted minimum wage

• A)was still at its lowest level in history.
• B)was at its long term historical average level.
• C)was at its all-time highest level.
• D)was sufficient to keep a family of four out of poverty.

Recognize the role of biases and heuristics in the decision-making process.

Identify strategies to foster creativity and avoid pitfalls in decision-making.

Grasp the importance of ethical considerations in decision-making.

Comprehend the concept and use of ‘rules of thumb’ or heuristics for simplifying decision-making.

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Definitions:

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A method of exchanging digital messages across the Internet or other computer networks, using a set structure involving a sender, recipient, subject, and message body.

Strong Password

A secure password that uses a mix of letters, numbers, and special characters, making it difficult for others to guess or hack.

Password123

A simplistic example often used to illustrate a weak or common password.

Main Topic

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