Multiple Choice
In 2000, an executive earned $100,000. In 2009, the executive earned $125,000. The CPI in 2000
Was 172.2, and the CPI in 2009 was 214.537. Using the CPI base, 1982-1984 = 100, what was the
Increase in real income from 2000 to 2009?
A) $193
B) $139
C) $580
D) $173
Correct Answer:
Verified
Correct Answer:
Verified
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