Multiple Choice
Babe Ruth's 1931 salary was $80 000. The price index for 1931 is 15.2 and the price index for 2010 is 195. What would Ruth's 1931 salary be equivalent to in 2010?
A) $536 000
B) $635 000
C) $828 000
D) $1 026 000
Correct Answer:
Verified
Correct Answer:
Verified
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