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The CPI Increased from 130

Question 2

Multiple Choice

The CPI increased from 130.0 to 135.0 over a two-year period. If a person earned $35,000 at the beginning of the two-year period, how much would they have to earn at the end of the two-year period to maintain the same purchasing power?


A) $36,346
B) $36,750
C) $36,296
D) $36,500
E) $40,125

Correct Answer:

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