You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Year 1980 1985 2010 2019 Family member Your father Your mother Your older sister You CPI 0.82 1.08 2.18 2.44 Starting Salary $ 19,150 $-26,200 $30,000 $ 45,000 The family member who started with the highest real income was [your mother Real Income S $ $ S 1651.38
You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Year 1980 1985 2010 2019 Family member Your father Your mother Your older sister You CPI 0.82 1.08 2.18 2.44 Starting Salary $ 19,150 $-26,200 $30,000 $ 45,000 The family member who started with the highest real income was [your mother Real Income S $ $ S 1651.38
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section6.1: Measuring The Price Level
Problem 3ST
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Question
am. 279.
![You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your
first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started
your first job with the highest real income?
Instructions: Enter your responses rounded to two decimal places.
Starting Salary
$ 19,150
$26,200
$ 30,000
$45.000
The family member who started with the highest real income was your mother
Year
1980
1985
2010
2019
Family member
Your father
Your mother
Your older sister
You
CPI
0.82
1.08
2.18
2.44
Real Income
$
S
$
$
165138)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F54a133fd-27ee-403e-9cb9-dc6209f847f4%2Fca254923-ca1c-4b98-ae9e-4d329aadcdb0%2Fn88wezr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your
first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started
your first job with the highest real income?
Instructions: Enter your responses rounded to two decimal places.
Starting Salary
$ 19,150
$26,200
$ 30,000
$45.000
The family member who started with the highest real income was your mother
Year
1980
1985
2010
2019
Family member
Your father
Your mother
Your older sister
You
CPI
0.82
1.08
2.18
2.44
Real Income
$
S
$
$
165138)
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