In Year 1 the CPI Is 174,and in Year 2

question 37

Multiple Choice

In year 1 the CPI is 174,and in year 2 the CPI is 190.If Sarah's salary was $49,800 in year 1,what salary in year 2 would cause her to exactly "keep up with inflation"?

• A)$34,004
• B)$42,942
• C)$40,508
• D)$54,379

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Definitions:

Ethical Conduct

The practice of behaving in a manner that is considered morally right, fair, and appropriate in a given context, especially in professional settings.

Manufacturing

The process of producing goods from raw materials through various processes, machinery, and operations, typically in a factory setting.

Retail Companies

Businesses that sell goods directly to consumers, typically operating from physical locations or through online platforms.

Proprietorship

A business owned by one individual.