Business, 20.03.2020 02:23 hannahmjohnson0443
In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. The CPI is 2.40 in 2020. Amelia’s job in 2000 paid in nominal terms and in real terms than her 2020 job.
Answers: 3
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