David earned a salary of $43,500 in 1994 and $89,000 in 2010 . The consumer price index was 148.2 in 1994 and 215.3 in 2010 . David's 1994 salary in 2010 dollars is

a. $43,849.05
b. $61,263.43
c. $63,195.34
d. $93,655.50

c

Economics

You might also like to view...

An investment in an economy's human and physical capital results in an increase in the: a. supply of money

b. inflation rate in the economy. c. gross domestic product of the economy. d. level of foreign reserves in the economy.

Economics

Which of the following is considered a macroeconomic topic?

A. iTunes raises the price of all its music. B. iTunes raises the price of its pop artists’ music only. C. Jay-Z decides to sell his Brooklyn Nets minority ownership. D. The labor force participation rate in the US fell by 1 percent in 2010

Economics