Scenario 16-4 Quinn Has Job Offers in Wrexington and Across the Country

question 82

Multiple Choice

Scenario 16-4
Quinn has job offers in Wrexington and across the country in Charlieville.The Wrexington job would pay a salary of $50,000 per year,and the Charlieville job would pay a salary of $40,000 per year.The CPI in Wrexington is 150,and the CPI in Charlieville is 90.
-Refer to Scenario 16-4.The Wrexington salary in Charlieville dollars is

• A) $30,000.00.
• B) $33,333.33.
• C) $45,000.00
• D) $83,333.33.

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Definitions:

License

A legal permission granted by a competent authority to engage in a certain activity or occupation that would be unlawful without such authorization.

Trade Name

The name under which a business operates, known also as a 'doing business as' name, distinguishing it from its legal, registered name.

Export Trading Company Act

Legislation that allows producers in the United States to form export trading companies for the purpose of increasing their exports by providing them certain legal protections and benefits.

U.S. Banks

Financial institutions authorized in the United States that offer services such as deposits, loans, and currency exchange.