Diane Is Offered a Job in Charlottetown That Pays $100,000

Multiple Choice

Diane is offered a job in Charlottetown that pays $100,000. She is also offered a job in Halifax that pays $124,500. Which set of CPIs comes closest to giving both salaries the same purchasing power?

A) 83.3 in Charlottetown and 100 in Halifax
B) 89.3 in Charlottetown and 100 in Halifax
C) 100 in Charlottetown and 124.5 in Halifax
D) 100 in Charlottetown and 140 in Halifax