In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015. President Hoover's 1931 salary was equivalent to a 2015 salary of about
A) $4,965.
B) $1,169,408.
C) $1,057,894.
D) $16,080,001.
Correct Answer:
Verified
Q189: Table 24-4
Lee's expenditures on food for three
Q190: Table 24-4
Lee's expenditures on food for three
Q191: If the CPI was 90 in 1975
Q192: Table 24-3
The following table lists the
Q193: Scenario 24-1
Sue Lewis was an accountant in
Q195: Scenario 24-1
Sue Lewis was an accountant in
Q196: Table 24-3
The following table lists the
Q197: The introduction of the video cassette recorder
Q198: Core CPI is
A)the CPI including only food,
Q199: Table 24-4
Lee's expenditures on food for three
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