Sam Is Going to Ask for a Raise

question 162

Multiple Choice

Sam is going to ask for a raise. Over the past year, the CPI has gone from 129.9 to 131.9. Sam currently earns $42,500. What is the minimum raise that Sam should ask for in order to maintain the same buying power?

• A) $43,350
• B) $43,144
• C) $44,000
• D) $43,500
• E) $43,154

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