If the cost-of-living indices were 100 in Chicago, 150 in Boston, and 190 in New York City, which of the following annual pay rates for jobs would provide you with the most purchasing power over goods and services?
A) A $75,000 job in Boston.
B) A $100,000 job in New York City.
C) A $50,000 job in Chicago.
D) A $90,000 job in New York City.
Correct Answer:
Verified
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