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:

Ovulating

The phase in the female menstrual cycle when an ovary releases an egg, making it possible for fertilization.

Reciprocity Liking

The tendency to develop positive feelings for individuals who show that they like or appreciate us.

Mutual Friend

A person who has an established friendship with two or more individuals, potentially serving as a social link or intermediary between them.

Biologically-Based Standards

Guidelines or criteria that are grounded in biological characteristics or processes.