Multiple Choice
Ingrid takes a job in 1981 at a salary of $10,000.By 2014,she has been promoted,with a salary of $50,000.If the price index in 1981 is 50,and the price index in 2014 is 180,what is Ingrid's 2014 salary in 1981 dollars?
A) $13,889
B) $18,000
C) $26,000
D) $36,000
Correct Answer:
Verified
Correct Answer:
Verified
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