Given the Following Figures,by Approximately What Percentage Did Henry's Real

question 74

Multiple Choice

Given the following figures,by approximately what percentage did Henry's real income change between 2010 and 2011?
Henry's 2010 money income = $50,000
Henry's 2011 money income = $60,000
2010 CPI = 150.0
2011 CPI = 165.0

• A)zero
• B)2.5 percent
• C)5 percent
• D)7.5 percent
• E)9 percent

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