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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 81 times)

deesands

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


deesands

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

phuda

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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