The take home pay of an employee working in an urban area for 1995 and 2014 are: If the CPI rose from 70 in 1995 to 172.2 in 2014 (2002 = 100), what was the "real" take home pay of the employee in 2014?
A) $5,000
B) $7,143
C) $11,200
D) $7,666
E) $13,200

Question

The take home pay of an employee working in an urban area for 1995 and 2014 are:  If the CPI rose from 70 in 1995 to 172.2 in 2014 (2002 = 100), what was the "real" take home pay of the employee in 2014?
A) $5,000 
B) $7,143 
C) $11,200 
D) $7,666 
E) $13,200

Quizplus · Accepted Answer

The Answer of The take home pay of an employee working in an urban area for 1995 and 2014 are:  If the CPI rose from 70 in 1995 to 172.2 in 2014 (2002 = 100), what was the "real" take home pay of the employee in 2014?
A) $5,000 
B) $7,143 
C) $11,200 
D) $7,666 
E) $13,200

The Take Home Pay of an Employee Working in an Urban