Katie Jones Started Her Career with an Annual Salary of $30,000

question 33

Multiple Choice

Katie Jones started her career with an annual salary of $30,000 in 2006. Five years later, in 2011, her salary had increased to $55,000 a year. If the values of the CPI (with a base of 1982−1984) for 2006 and 2011 are 201.6 and 224.9, respectively, compute the increase in Katie's real income.

• A) 64.34%
• B) 83.33%
• C) 105.31%
• D) 164.34%

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Definitions:

Hierakonopolis

Hierakonopolis is an ancient Egyptian city, known as one of the earliest urban centers along the Nile, significant for its archaeological importance in understanding early dynastic Egypt.

Thebes

An ancient Egyptian city on the Nile river, historically significant as a religious and political center, famous for its temples and tombs.

Hunting Scenes

Artistic representations of the activity of pursuing and capturing or killing wild animals, often found in historical and prehistorical art.

Tomb Interiors

The inside spaces of tombs, often decorated and containing artifacts and remains of the deceased.