Multiple Choice
A worker received $5 for a daily wage in 1930.What is the value of that wage today if the CPI was 17 in 1930 and is 230 today?
A) 37 cents
B) $4.63
C) $67.65
D) $37.86
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q65: Scenario 24-3<br>Sue Holloway was an accountant in
Q66: Suppose the CPI was 56 in 1967,and
Q67: In 1974,one could buy a theater ticket
Q68: If the nominal interest rate is 7
Q69: If the CPI was 108.00 in 1942
Q71: Ruben earned a salary of $60,000 in
Q72: Scenario 24-3<br>Sue Holloway was an accountant in
Q74: Harry spent $39,000 in 2009 and $42,000
Q75: Ruben earned a salary of $60,000 in
Q107: Which of the following statements is correct