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Suppose a Person Receives a Salary of £15 000 in 2012

question 7

Multiple Choice

Suppose a person receives a salary of £15 000 in 2012 and the price index for the year is 115. The inflation-adjusted salary is approximately _____.


Definitions:

Kant

Immanuel Kant, an influential German philosopher in the 18th century, known for his critical philosophy in epistemology, ethics, and aesthetics.

Constituted

Formed or made up from certain parts or elements; established or created in a specified manner or composition.

Categories

Fundamental classes or divisions used to organize concepts, objects, or experiences, especially in philosophy and logic.

Immanuel Kant

A pivotal figure in the history of philosophy, whose comprehensive and systematic work in epistemology, ethics, and aesthetics greatly influenced all subsequent philosophy, particularly the various schools of Kantianism and Idealism.

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