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Andrew Is Offered a Job in Little Rock,where the CPI

Question 222

Multiple Choice

Andrew is offered a job in Little Rock,where the CPI is 80,and a job in New York,where the CPI is 125.Andrew's job offer in Little Rock is for $42,000.How much does the New York job have to pay in order for the two salaries to represent about the same purchasing power?


A) $74,667
B) $65,625
C) $60,900
D) $52,500

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