Multiple Choice
Dewey earned a salary of $75,000 in 2001 and $95,000 in 2006.The consumer price index was 177 in 2001 and 266 in 2006.Dewey's 2001 salary in 2006 dollars is
A) $37,711.86.
B) $49,906.02.
C) $66,750.00.
D) $112,711.86.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
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
Q117: Suppose that over the past year,the real
Q118: In 1970,Professor Plum earned $12,000;in 1980,he earned
Q119: John just graduated law school and has
Q120: During a certain year,the nominal interest rate
Q122: If the nominal interest rate is 4
Q124: Janelle earned a salary of $40,000 in
Q175: The primary purpose of measuring the overall