Multiple Choice
In year 1 the CPI is 174,and in year 2 the CPI is 190.If Sarah's salary was $49,800 in year 1,what salary in year 2 would cause her to exactly "keep up with inflation"?
A) $34,004
B) $42,942
C) $40,508
D) $54,379
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: A common measure of inflation is the
Q25: Persons who are retired or engaged in
Q36: The CPI was 238 in one year
Q44: If we subtract the number of persons
Q45: Good X sold for $40 in 1957.The
Q97: The civilian non-institutional population consists of everyone
Q101: Jones lost his job in industry A,but
Q108: The CPI is based on a representative
Q115: Describe what the unemployment rate and the
Q125: Look at the following data: The structural