Multiple Choice
Suppose Robert has a wage contract subject to an escalator clause.He earned $22 an hour last year;in that same year,the consumer price index rose from 120.0 to 126.0.What should his new wage be?
A) $24 an hour
B) $23.10 an hour
C) $24.40 an hour
D) $22.50 an hour
Correct Answer:
Verified
Correct Answer:
Verified
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