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Suppose That You Are Offered a Position in Boston for $36,000

Question 19

Multiple Choice

Suppose that you are offered a position in Boston for $36,000 per year and a position in Tallahassee for $36,000 per year. If Tallahassee's cost of living is 95% of the national average and that Boston's is 110% of the national average, which is the better job offer financially?


A) They are both the same at $36,000 each.
B) Boston is better because you can purchase 110% of what you can in Tallahassee.
C) Tallahassee is better because it has a lower cost of living.
D) There is no sufficient information to make this decision.

Correct Answer:

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