You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Year 1980 1985 2010 2019 Family member Your father Your mother Your older sister You CPI 0.82 1.08 2.18 2.44 Starting Salary $ 19,150 $-26,200 $30,000 $ 45,000 The family member who started with the highest real income was [your mother Real Income S $ $ S 1651.38

You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Year 1980 1985 2010 2019 Family member Your father Your mother Your older sister You CPI 0.82 1.08 2.18 2.44 Starting Salary $ 19,150 $-26,200 $30,000 $ 45,000 The family member who started with the highest real income was [your mother Real Income S $ $ S 1651.38

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section6.1: Measuring The Price Level

Problem 3ST

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You have just graduated from college. You, your older sister, your mother and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Year Family member CPI Starting Salary Real Income 1980 Your father 0.82 $14,500 $ 1985 Your mother 1.08 $17,800 $ 2010 Your older sister 2.18 $39,200 $ 2017 You 2.44 $41,500 $ The family member that started with the highest real income was (Click to select) your older sister .
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You have just graduated from college. You, your older sister, your mother and your father are comparing the starting salaries in you first jobs. The year you each started your first job, the CPI in that year and your staring salary are given below. Which of you started your first job with the highest real income? Instructions: Enter your responses rounded to two decimal places. Starting Salary $19,150 Year Family member CPI Real Income 1980 Your father 0.82 2$ 1985 Your mother 1.08 $26,200 $ 2010 Your older sister 2.18 $36,000 2$ 2017 You 2.44 $45,000 $ The family member that-started with the highest real income was (Click to select) The family member that started with the lowest real income was ( (click to select)
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