In 2000, an Executive Earned $100,000

question 38

Multiple Choice

In 2000, an executive earned $100,000. In 2009, the executive earned $125,000. The CPI in 2000
Was 172.2, and the CPI in 2009 was 214.537. Using the CPI base, 1982-1984 = 100, what was the real
Income in 2009?

• A) $58,265
• B) $58,072
• C) $58,000
• D) $58,999

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