Multiple Choice
Donna Newton made $0.30 per hour in 1946 at a small restaurant in Clearfield,Pennsylvania.If the consumer price index (CPI) was 18.3 in 1946 and 202.4 in 2011,then Donna's inflation-adjusted wage would be
A) $7.25,by U.S.law.
B) $0.30.
C) $2.87.
D) $0.61.
E) $3.32.
Correct Answer:
Verified
Correct Answer:
Verified
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