Multiple Choice
If Kim's salary was $50,000 last year, and this year she receives a cost-of-living increase tied to the consumer price index (CPI) , what will her salary be this year assuming the CPI has risen from 110 to 114?
A) $49,114
B) $50,114
C) $50,300
D) $51,818
Correct Answer:
Verified
Correct Answer:
Verified
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