Multiple Choice
Your brother graduated from college 10 years ago and started to work at a salary of $20,000.You expect to graduate this year and start to work for $35,000.If the consumer price index was 80 ten years ago and is 140 this year,who will have received the higher real starting salary?
A) You will have.
B) Your brother did.
C) You and your brother both will have started at the same real salary level.
D) Not enough information is supplied to answer the question.
Correct Answer:
Verified
Correct Answer:
Verified
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