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Author Question: Suppose your grandfather earned a salary of 12,000 in 1964. If the CPI is 31 in 1964 and 219 in ... (Read 54 times)

deesands

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Suppose your grandfather earned a salary of 12,000 in 1964. If the CPI is 31 in 1964 and 219 in 2016, then the value of your grandfather's salary in 2016 dollars is approximately
 
  A) 84,775. B) 63,830. C) 37,200. D) 26,280.

Question 2

Net foreign investment is a measure of net capital outflows, equal to capital outflows minus capital inflows in a given period of accounting.
 
  Indicate whether the statement is true or false



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Swizqar

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Answer to Question 1

A

Answer to Question 2

TRUE




deesands

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


sarah_brady415

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Reply 3 on: Yesterday
Excellent

 

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