Solved

Loretta Is Offered a Job in St

Question 178

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions