Multiple Choice
In year 1 the CPI is 181,and in year 2 the CPI is 195.If Dennis's salary was $95,000 in year 1,what is the minimum salary he must earn in year 2 to "keep up with inflation"?
A) $112,500
B) $102,348
C) $105,750
D) $88,180
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: Discouraged workers are not counted as unemployed
Q50: Describe what the term "full employment" means
Q77: Smith's income was $50,000 in year 1
Q88: Suppose that 1982 is the base year
Q91: In year 1 the CPI is 140,and
Q96: Which of the following statements is true?<br>A)
Q97: In an economy with 100 million people,70
Q98: In an economy with a population of
Q128: The unemployment due to changes in the
Q143: In order to be classified as unemployed,a