Renee Earned a Salary of $60,000 in 2001 and $80,000

Renee earned a salary of $60,000 in 2001 and $80,000 in 2006.The consumer price index was 177 for 2001 and 221.25 for 2006.Renee's 2006 salary in 2001 dollars is

A) $45,198; thus, Renee's purchasing power decreased between 2001 and 2006.
B) $64,000; thus, Renee's purchasing power increased between 2001 and 2006.
C) $64,000; thus, Renee's purchasing power decreased between 2001 and 2006.
D) $75,000; thus, Renee's purchasing power increased between 2001 and 2006.