In 2000, an Executive Earned $100,000

question 52

Short Answer

In 2000, an executive earned $100,000. In 2010, the executive earned $125,000. The CPI in 2000 was 172.2; the CPI in 2009 was 214.537. Using the CPI base, 1982-1984 = 100, what was the real income in 2000?

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Definitions:

Private Practitioner

A professional, often in law or healthcare, operating independently rather than as an employee of an organization.

Limited Practitioner

A professional who is authorized to provide certain legal services but does not have the full qualifications or rights of an attorney at law.

Date-Stamping

The process of marking documents with the date they are received or processed.

Bookkeeping

The systematic recording, organizing, and managing of financial transactions for a business or individual.