Last Year, Megan's Salary Was $65,000 While the Consumer Price

question 255

Multiple Choice

Last year, Megan's salary was $65,000 while the consumer price index increased from 109 to 115. If Megan received a cost-of-living adjustment, what would her salary be?

• A) $61,320
• B) $61,553
• C) $67,564
• D) $68,578

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Definitions:

Performance Gap

A discrepancy between the desired and actual state of affairs.

Performance Gap

The difference between actual performance and desired or expected performance, often identified as an area for improvement.

Significant Drop

A substantial decrease or decline in quantity, quality, or value within a specific context or period.