Multiple Choice
Loretta is offered a job in St.John's that pays $50,000.She is also offered a job in Halifax that pays $62 250.Which set of CPIs comes closest to giving both salaries the same purchasing power?
A) 83.3 in St.John's and 100 in Halifax
B) 89.3 in St.John's and 100 in Halifax
C) 100 in St.John's and 124.5 in Halifax
D) 100 in St.John's and 140 in Halifax
Correct Answer:

Verified
Correct Answer:
Verified
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