Multiple Choice
Arlo is offered a job in Des Moines,where the CPI is 60,and a job in New York,where the CPI is 125.Arlo's job offer in Des Moines is for $48,000.How much does the New York job have to pay in order for the two salaries to represent the same purchasing power?
A) $23,040
B) $52,000
C) $79,200
D) $100,000
Correct Answer:
Verified
Correct Answer:
Verified
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