This Table Shows the Price-Level Adjustment as Compared to the United

question 46

Multiple Choice

This table shows the price-level adjustment as compared to the United States. According to the information in the table shown, if someone were earning $20,000 in Mexico, approximately what would he need to earn in the United States to enjoy the same amount of goods and services?

• A) $30,303
• B) $35,000
• C) $20,030
• D) $15,000

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