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Loraine Loraine
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9 years ago
Your starting salary is $35,000 per year. After one year, you are given a raise that increases your nominal salary. Which of the following salaries would you prefer the most?
A) a $36,000 salary with a CPI of 103.0
B) a $38,000 salary with a CPI of 104.0
C) a $39,000 salary with a CPI of 109.0
D) a $39,000 salary with a CPI of 110.0
E) a $37,000 salary with a CPI of 106.0
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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