Ruben Earned a Salary of $60,000 in 2001 and $80,000

question 71

Multiple Choice

Ruben earned a salary of $60,000 in 2001 and $80,000 in 2006.The consumer price index was 177 in 2001 and 221.25 in 2006.Ruben's 2006 salary in 2001 dollars is

• A)$20,000;thus,Ruben's purchasing power increased between 2001 and 2006.
• B)$20,000;thus,Ruben's purchasing power decreased between 2001 and 2006.
• C)$64,000;thus,Ruben's purchasing power increased between 2001 and 2006.
• D)$64,000;thus,Ruben's purchasing power decreased between 2001 and 2006.

---

Definitions:

Gesture

A movement of part of the body, especially a hand or the head, to express an idea or meaning.

Behavioral Interview Question

A question asked in an interview that requires the candidate to provide an example of how they've handled specific situations in the past.

Irate Customer

A consumer who is extremely angry or frustrated, often resulting in complaints or confrontations.

Greatest Strength

An individual's most significant attribute or skill that sets them apart from others or provides the greatest advantage in a particular context.