Multiple Choice
John expects to get a raise equal to the increase in the consumer price index (CPI) . The CPI has gone from 160 to 164. If John's salary last year was $50,000, what salary does he expect to earn this year?
A) $48,750
B) $51,250
C) $52,220
D) $52,250
Correct Answer:
Verified
Correct Answer:
Verified
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