Examlex

Solved

In 2000, an Executive Earned $100,000

question 100

Essay

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


Definitions:

RFP

Request for Proposal, a document issued by an organization seeking to procure a service or product, inviting suppliers to submit a proposal on the specifics of the stated requirement.

Distance Learning Technology

Technologies designed to facilitate learning for students who are not physically present in a traditional educational setting.

Buying Center

A team within a company that is in charge of deciding what to buy.

Whole Grain Flour

A type of flour that includes all parts of the grain kernel, such as the bran, germ, and endosperm, offering more nutrients than refined flours.

Related Questions