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The CPI in 1997 Was 90

Question 227

Multiple Choice

The CPI in 1997 was 90.4, and the CPI in 2015 was 126.6.If you earned a salary of $60,000 in 1997, what would be a salary with equivalent purchasing power in 2016?


A) $54,240
B) $75,960
C) $84,027
D) $127,214
E) $136,841

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