The nominal salary paid to the president of the United States and the Consumer Price Index (CPI) are given for various years below. Table 7-9
Refer to Table 7-9. During which of the above years was the purchasing power of the president's salary highest?
A) 1920
B) 1940
C) 1960
D) 1980
E) 2000

Question

The nominal salary paid to the president of the United States and the Consumer Price Index (CPI) are given for various years below. Table 7-9
 Refer to Table 7-9. During which of the above years was the purchasing power of the president's salary highest?
A) 1920 
B) 1940 
C) 1960 
D) 1980 
E) 2000

Quizplus · Accepted Answer

The Answer of The nominal salary paid to the president of the United States and the Consumer Price Index (CPI) are given for various years below. Table 7-9
 Refer to Table 7-9. During which of the above years was the purchasing power of the president's salary highest?
A) 1920 
B) 1940 
C) 1960 
D) 1980 
E) 2000

The Nominal Salary Paid to the President of the United