What Is Your New Salary If You Earned $40,000 Last

question 118

Multiple Choice

What is your new salary if you earned $40,000 last year, the consumer price index increased from 120 to 125, and your salary is adjusted by the rate of inflation annually?

• A) $38,400
• B) $41,600
• C) $41,666.67
• D) $40,125

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Definitions:

Employee Effectiveness

The degree to which an employee successfully achieves their work goals and contributes positively to the organization's objectives.

Power Acquisition

The act of gaining authority or control within an organization or group, often for influencing decisions.

Extraordinary Activities

Tasks or actions that are beyond the ordinary, often requiring remarkable effort or skill.

Difficulty of Replacement

refers to the challenges associated with finding a suitable substitute for an employee, resource, or component, often due to specialized skills or scarcity.