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Suppose Your Annual 2005 Salary Was $95,000 and Your 2010

Question 21

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Suppose your annual 2005 salary was $95,000 and your 2010 salary was $125,000. Assume the annual CPI rose from 177.1 to 215.9 during this period of time.
What was the purchasing power of the dollar in 2005?

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$0.565
Exp...

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