Arlo Is Offered a Job in Des Moines,where the CPI

question 87

Multiple Choice

Arlo is offered a job in Des Moines,where the CPI is 80,and a job in New York,where the CPI is 125.Arlo's job offer in Des Moines is for $42,000.How much does the New York job have to pay in order for the two salaries to represent the same purchasing power?

• A)$42,000
• B)$65,625
• C)$68,880
• D)$189,000

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Definitions:

Late Entry

Occurs when someone or something arrives after the expected or usual time.

First World War

A global conflict that lasted from 1914 to 1918, involving many of the world's nations and resulting in significant geopolitical changes and millions of casualties.

Japan Invaded China

This refers to several instances of military incursions by Japan into China, most notably the Second Sino-Japanese War (1937-1945), which was part of the broader conflict of World War II.

1930s

The decade from 1930 to 1939, marked globally by the Great Depression, economic challenges, and the lead-up to World War II.