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Table 5-6 Shows an Assistant Professor's Salary and the Respective

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Table 5-6 shows an assistant professor's salary and the respective price indexes for the years 1967 and 1997. Use the table to answer questions .
Table 5-6
Table 5-6 shows an assistant professor's salary and the respective price indexes for the years 1967 and 1997. Use the table to answer questions . Table 5-6    -Refer to Table 5-6. Calculate the approximate value of real income for an assistant professor in 1997. A)  $9,524 B)  $9,375 C)  $40,000 D)  $42,000
-Refer to Table 5-6. Calculate the approximate value of real income for an assistant professor in 1997.


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