Tiffany is offered a job in Winnipeg that pays $90,000. She is offered a similar job in Montreal for $60,000. Which set of CPIs comes closest to giving both salaries the same purchasing power?
A) 90 in Winnipeg and 120 in Montreal
B) 90 in Winnipeg and 40 in Montreal
C) 60 in Winnipeg and 120 in Montreal
D) 60 in Winnipeg and 40 in Montreal
Correct Answer:
Verified
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