For Each City Across the U

question 15

Essay

For each city across the U.S., economists construct a price index for a similar basket of goods. In Los Angeles the index is 127.3 and the index for Dallas is 94.8. If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job affords you the highest purchasing power of the bundle of goods in the price index? Use the Los Angeles value as the base.

---

Definitions:

Social Entertainment

Forms of digital entertainment that involve social interaction or are enhanced by social networking platforms.

Content Marketing

A strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience, ultimately driving profitable customer action.

Entertainment

Rephrased: Activities, performances, or materials designed to amuse, engage, or provide enjoyment to an audience.

Performing

The act of executing or carrying out actions, tasks, or performances, often measured against pre-established standards.