If Philadelphia has a CPI of 165 and Houston has a CPI of 145, and if both cities started with bases of 100, it means that _____.
A) prices have risen faster in Philadelphia since the base year than in Houston
B) it essentially costs more to live in Philadelphia than in Houston
C) it costs less to live in Houston than in Philadelphia
D) pay in Philadelphia is, on average, 20 percent higher than in Houston
Correct Answer:
Verified
Q2: The compa-ratio reflects the _.
A)rate paid for
Q3: If financially troubled employers have NOT been
Q4: The denominator for calculating the current year's
Q5: The _ often comes into play if
Q6: When employees are paid more than the
Q8: A compa-ratio less than 1 means that,
Q9: Which of the following is NOT a
Q10: All of the following are adverse effects
Q11: The _ recognizes the fact that when
Q12: The average company match for 401(k) retirement
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