Arlo Is Offered a Job in Des Moines,where the CPI

question 28

Multiple Choice

Arlo is offered a job in Des Moines,where the CPI is 60,and a job in New York,where the CPI is 125.Arlo's job offer in Des Moines is for $48,000.How much does the New York job have to pay in order for the two salaries to represent the same purchasing power?

• A)$23,040
• B)$52,000
• C)$79,200
• D)$100,000