Multiple Choice
In 1971, when the consumer price index was 40.48, women earned a median income of $2,408 per year. If the consumer price index in 2012 was 229.6, how much was $2,408 in 2012 dollars?
A) $2,408
B) $13,658
C) $29,076
D) $425
Correct Answer:
Verified
Correct Answer:
Verified
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