Henri Earned a Salary of $50,000 in 2001 and $70,000

question 114

Multiple Choice

Henri earned a salary of $50,000 in 2001 and $70,000 in 2006.The consumer price index was 177 in 2001 and 265.5 in 2006.Henri's 2006 salary in 2001 dollars is

• A)$35,000.00.
• B)$46,666.67.
• C)$61,950.00
• D)$105,000.00.

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Definitions:

Tobacco Industry

The sector of the economy involved in the production, marketing, and sale of tobacco and tobacco-related products.

Indentured Servitude

A labor system where individuals worked for a specific period of time to pay off a debt, such as passage to the New World, without receiving wages.

King James

Refers to King James VI of Scotland and I of England and Ireland, known for the authorization of the King James Version of the Bible in 1611.

Puritans

A group of English Protestants in the 16th and 17th centuries who sought to purify the Church of England from Roman Catholic practices.