A friend has received a job offer for $100,000 a year in Norway. She's excited,until you make which of the following points?
A)she could likely earn more in Japan
B)she could likely earn more in Switzerland
C)her purchasing power is higher than in Canada
D)her purchasing power is lower than in Canada

Question

A friend has received a job offer for $100,000 a year in Norway. She's excited,until you make which of the following points?
A)she could likely earn more in Japan  
B)she could likely earn more in Switzerland  
C)her purchasing power is higher than in Canada  
D)her purchasing power is lower than in Canada

Quizplus · Accepted Answer

Norway has a high cost of living, which means that even though the salary is high, the purchasing power is lower compared to Canada. This means that goods and services will be more expensive in Norway than in Canada, reducing the actual value of the salary. While options A and B suggest potentially higher salaries in other countries, they do not change the fact that Norway's cost of living is high. Option C is misleading because while the purchasing power may be higher compared to some countries, it is still lower compared to Canada.

A Friend Has Received a Job Offer for $100,000 a Year