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## In 2010, many unskilled workers in the United States earned

Paper help Economics In 2010, many unskilled workers in the United States earned

# In 2010, many unskilled workers in the United States earned

In 2010, many unskilled workers in the United States earned the Federal minimum wage of \$7.25 per ho… Show more In 2010, many unskilled workers in the United States earned the Federal minimum wage of \$7.25 per hour. By contrast, average earnings in 2010 were about \$18.00 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned \$160.00 or more per hour. a. If we assume that wage differences are caused solely by differences in productivity, how many times more productive was the average worker than a worker being paid the Federal minimum wage? Instructions: Round your answer to two decimal places. times more productive than a minimum wage worker How many times more productive was a \$160-per-hour lawyer compared to a worker earning minimum wage? Instructions: Round your answer to two decimal places. times more productive than a minimum wage worker • Show less

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