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In 1954, Canadian Prime Minister Louis Stephen St

Question 118

Multiple Choice

In 1954, Canadian Prime Minister Louis Stephen St. Laurent was paid a salary of $15,000. Justin Trudeau, the Prime Minister in 2018, was paid $175,600. The price index for 1954 is 14.1 and the price index for 2018 is 133.4. What is, approximately, Prime Minister St. Laurent's salary equivalent in 2018 dollars?


A) $18,560
B) $141,915
C) $158,546
D) $200,100

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