The Consumer Price Index (CPI)equals 100 in Year One and 115

question 171

Multiple Choice

The consumer price index (CPI) equals 100 in year one and 115 in year two.If the nominal wage is $15 in year one and a contract calls for the wage to be indexed to the CPI,what will be the nominal wage in year two?

• A) $13.04.
• B) $15.00.
• C) $15.15.
• D) $16.15.
• E) $17.25.

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HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to Acquired Immunodeficiency Syndrome (AIDS) if not treated.

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