menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 11: Measuring the Cost of Living: Correcting Economic Variables for the Effects of Inflation
  5. Question
    Janelle Earned a Salary of $62,000 in 2004 and $80,000
Solved

Janelle Earned a Salary of $62,000 in 2004 and $80,000

Question 111

Question 111

Multiple Choice

Janelle earned a salary of $62,000 in 2004 and $80,000 in 2014.The consumer price index was 126 in 2004 and 170 in 2014.Janelle's 2004 salary in 2014 dollars is


A) $45,953.
B) $89,280.
C) $107,953.
D) $83,651.

Correct Answer:

verifed

Verified

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

Related Questions

Q106: Scenario 24-4<br>Quinn has job offers in Wrexington

Q107: If the nominal interest rate is 5

Q108: You know that a candy bar cost

Q109: Suppose that over the past year,the real

Q110: Suppose that over the past year,the real

Q112: Scenario 24-3<br>Sue Holloway was an accountant in

Q113: In 1972,one could buy a bag of

Q114: Henri earned a salary of $50,000 in

Q115: The consumer price index was 120 in

Q116: If the CPI was 104 in 1967

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines