If You Signed a 40-Year Contract in 1970 to Be

question 39

Multiple Choice

If you signed a 40-year contract in 1970 to be paid $1,000,000 a year,right now your real wages would be

• A)over $1,000,000.
• B)$1,000,000.
• C)less than $500,000.
• D)less than $250,000.
• E)less than $100,000.