Multiple Choice
If the cost of living index in San Francisco was 210 compared to 100 in Kansas City, which of the following would be true?
A) A $100,000 job in San Francisco would provide one with more than four times the purchasing power as a $50,000 job in Kansas City.
B) A $100,000 job in San Francisco would provide one with twice the purchasing power of a $50,000 job in Kansas City.
C) A $100,000 job in San Francisco would provide one with more purchasing power than a $50,000 job in Kansas City.
D) A $100,000 job in San Francisco would not provide one with as much purchasing power as a $50,000 job in Kansas City.
Correct Answer:
Verified
Correct Answer:
Verified
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