Your current salary is $55,028 per year. If the consumer price index increases from 131 to 152 then what is your cost of living adjusted income? Enter a number rounded to two decimal places.
Your current salary is $55,028 per year. If the consumer price index increases from 131 to 152 then what is your cost of living adjusted income? Enter a number rounded to two decimal places.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Your current salary is $55,028 per year. If the consumer price index increases from 131 to 152 then what is your cost of living adjusted income?
Enter a number rounded to two decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbb0d22c9-af4e-4200-b764-86085d0fc7af%2Fc85d69a0-7fd0-4775-b696-24e6bcae722f%2F92f2g0h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Your current salary is $55,028 per year. If the consumer price index increases from 131 to 152 then what is your cost of living adjusted income?
Enter a number rounded to two decimal places.
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