This Table Shows the Price-Level Adjustment as Compared to the United

question 98

Multiple Choice

This table shows the price-level adjustment as compared to the United States.
According to the information in the table shown,if someone were earning $30,000 in the United States,approximately what would they have to earn in China to have the same standard of living?

• A)$40,000
• B)$7,500
• C)$22,500
• D)$15,000

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