Iggie Took a University Teaching Job as an Assistant Professor

question 171

Multiple Choice

Iggie 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 was 50 in 1974 and 180 in 2003, then what is Iggie's 1974 salary in 2003 dollars?

• A)$2,777.78
• B)$18,000
• C)$26,000
• D)$36,000

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Definitions:

Trivial Thought

Insignificant or inconsequential thinking that lacks depth or importance.

Primal Anxiety

A fundamental form of anxiety thought to be rooted in the earliest stages of an individual's development.

Birth Trauma

Psychological or physical injury sustained by a newborn during the birth process, or the emotional impact on a mother resulting from complications during childbirth.

Psychoanalytic Theory

A theory of personality development and therapeutic framework that focuses on unconscious processes influencing behavior, developed by Freud.