Multiple Choice
In 1990 Professor Fellswoop made $12 000, in 2000 he earned $24 000, and in 2010 he earned $36 000. If the CPI was 40 in 1990, 60 in 2000, and 100 in 2010, then in real terms, when was Professor Fellswoop's salary highest and lowest?
A) highest in 1990; lowest in 2000
B) highest in 2010; lowest in 2000
C) highest in 2000; lowest in 1990
D) highest in 2010; lowest in 1990
Correct Answer:
Verified
Correct Answer:
Verified
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