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MrSmith Earned a Salary of $5,000 in 1980,while His Son

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Mr.Smith earned a salary of $5,000 in 1980,while his son earned a salary of $8,000 in 2010.If the price index was 100 for 1980 and 198 for 2010,whose salary was worth more? Explain your answer.


Definitions:

Alternative Sexual Identity

A term that describes sexual orientations or identities that fall outside of traditional heterosexual norms.

Inauthentic Person

Describes an individual whose actions and words do not reflect their true thoughts and feelings.

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Existential Approach

A therapeutic approach that emphasizes individual freedom, choice, and responsibility, focusing on the search for meaning and dealing with existential issues such as mortality.

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