A college graduate in 1972 found a job paying $7,200,when the consumer price index (CPI) was 21.9.A college graduate in 2000 found a job paying $32,000,when the CPI was 95.4.The 1972 graduate's job paid _______ in nominal terms and ______ in real terms than the 2000 graduate's job.
A) more;less
B) more;more
C) less;the same
D) less;more
E) less;less
Correct Answer:
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