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When Comparing the Buying Power of a Salary Offer of $53,000

Question 61

Multiple Choice

When comparing the buying power of a salary offer of $53,000 in Boston with a $50,000 offer in Los Angeles,the Boston salary offer would buy ____ of goods and services in Los Angeles,assuming the index was 129.6 for Boston and 107.9 for Los Angeles.


A) $55,695
B) $45,748
C) $44,125
D) $59,105

Correct Answer:

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