This topic contains a solution. Click here to go to the answer

Author Question: The salary of the president of the United States in 2000 was 400,000 . In 1940, the president's ... (Read 128 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
The salary of the president of the United States in 2000 was 400,000 . In 1940, the president's salary was 75,000 . If the Consumer Price Index was 8.1 in 1940 and 100 in 2000 . the 1940 presidential salary measured in terms of the purchasing power of the dollar in 2000 would be:
 a. less than 75,000.
  b. less than 400,000.
  c. approximately 668,850.
  d. approximately 926,000.

Question 2

Supply-siders' policy recommendations include:
 a. lower tax rates, spending cuts, and increased government regulation.
  b. lower tax rates, lower resource prices, and decreased government regulation.
  c. lower tax rates, spending increases, and decreased government regulation.
  d. lower tax rates, spending increases, and increased government regulation.
  e. higher tax rates, spending cuts, and decreased government regulation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

d

Answer to Question 2

b




dollx

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Excellent

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library