The take home pay of an employee working in an urban area for 1995 and 2014 are: 
If the CPI rose from 70 in 1995 to 172.2 in 2014 (2002 = 100) , what was the "real" take home pay of
The employee in 2014?
A) $5,000
B) $7,143
C) $11,200
D) $7,666
E) $13,200
Correct Answer:
Verified
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