Your salary is currently $95,000. The CPI last year was 220 and the CPI today is 235. What should your new salary equal once it is adjusted for inflation? Question 10 options: a) $101,477 b) $98,921 c) $96,000 d) $99, 557

Your salary is currently $95,000. The CPI last year was 220 and the CPI today is 235. What should your new salary equal once it is adjusted for inflation? Question 10 options: a) $101,477 b) $98,921 c) $96,000 d) $99, 557

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 5SQ

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Question

Your salary is currently $95,000. The CPI last year was 220 and the CPI today is 235. What should your new salary equal once it is adjusted for inflation?

Question 10 options:

$101,477

$98,921

$96,000

$99, 557

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