Ingrid takes a job in 1981 at a salary of $10 000.By 2012,she has been promoted,with a salary of $50 000.If the price index in 1981 is 50,and the price index in 2012 is 180,what is Ingrid's 2012 salary in 1981 dollars?
A) $13 889
B) $18 000
C) $26 000
D) $36 000
Correct Answer:
Verified
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