At a Price Level of 100,John Has Savings Equal to $20,000.If

question 302

Multiple Choice

At a price level of 100,John has savings equal to $20,000.If the price level increases to 130,the buying power of John's savings is approximately

• A)$12,780.
• B)$15,400.
• C)$20,000.
• D)$26,000.
• E)$30,000.