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Ingrid Took a University Teaching Job as an Assistant Professor

question 73

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Ingrid took a university teaching job as an assistant professor in 1974 at a salary of $10,000.By 2003,she had been promoted to full professor,with a salary of $50,000.If the price index in 1974 was 50 and the price index in 2003 was 180,what is Ingrid's 2003 salary in 1974 dollars?


Definitions:

Frederic Jameson

An American literary critic and Marxist political theorist best known for his analysis of contemporary cultural trends and the concept of postmodernity.

Postmodern Society

A concept referring to the state or condition of society which is characterized by a complex, pluralistic, and fragmented perspective, moving beyond the principles and conventions of modernism.

Historicity

The quality of being historical; the historical development and context of an event, idea, or entity.

Michel Foucault

A French philosopher and historian who explored the relationships between power, knowledge, and social institutions, and how they serve to control and define society.

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