Babe Ruth's 1931 salary was $80,000.Government statistics show a consumer price index of 15.2 for 1931 and 207 for 2007.Ruth's 1931 salary was equivalent to a 2007 salary of about
A) $5,874.
B) $1,089,474.
C) $1,216,000.
D) $16,560,000.
Correct Answer:
Verified
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