The table shown displays yearly salaries and the CPI across five decades. 
If the 1989 salary in 2009 dollars is $147,951, how do we interpret this finding?
A) A person with a salary of $85,539 in 1989 could have purchased the same amount of goods as someone earning $147,951 in 2009 could have bought.
B) It would take $147,951 in 2009 to buy the same amount of goods that someone purchased in 1989 with $85,529.
C) A person earning $85,529 in 1989 would have been as well off as a person earning $147,951 in 2009.
D) All of these interpretations are correct.
Correct Answer:
Verified
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