Henri Earned a Salary of $50,000 in 2001 and $70,000

question 114

Multiple Choice

Henri earned a salary of $50,000 in 2001 and $70,000 in 2006.The consumer price index was 177 in 2001 and 265.5 in 2006.Henri's 2006 salary in 2001 dollars is

• A)$35,000.00.
• B)$46,666.67.
• C)$61,950.00
• D)$105,000.00.

---

Definitions:

Control

In a business context, it refers to the process of monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.

Constraint

A limitation or restriction that influences or hampers the ability to perform an action or achieve a goal.

Copper Furniture

Furniture items made primarily of copper, known for their aesthetic appeal and durability.

Price Increase

The act of raising the cost of goods or services that a company sells.