The California minimum wage was $5.75 in 2000 and $7.50 in 2007. The consumer price index was 172.2 in 2000 and 207.3 in 2007. The California minimum wage expressed in 2007 dollars was

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    $6.92 in 2000, meaning the real minimum wage was about 8.4 percent higher in 2007 than in 2000.
     $6.23 in 2000, meaning the real minimum wage was 20.4 percent higher in 2007 than in 2000.
     $7.50 in 2000, meaning the minimum wage in 2007 was unchanged when compared to the minimum wage in 2000.
     There is not enough information presented to calculate the change in the real wage from 2000 to 2007.
asked May 30, 2013 in Economics by anonymous
    

1 Answer

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$6.92 in 2000, meaning the real minimum wage was about 8.4 percent higher in 2007 than in 2000.
answered May 31, 2013 by Xyz ~Expert~ (3,650 points)

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