Business, 13.02.2020 20:20 fatlenny

See Hint Today, Jennifer earns $55000 at her first job. Her mom used to make $15,000 at her first job in 1975. Jennifer is of the opinion that she makes more than her mom would have made if she started working today. Her mom thinks Jennifer would have earned less than she if Jennifer had started working in 1975. If the CPI today is 237 and the CPI in 1975 was 82, then Choose one or more: A. Jennifer is wrong. Her mom’s salary in today’s dollars would be $5190. B. Jennifer’s mom is wrong. Jennifer’s salary in 1975 dollars would have been $19030. C. Jennifer’s mom is correct. Jennifer’s salary in 1975 dollars would have been $158963. D. Jennifer is correct. Her mom’s salary in today’s dollars would be $43354.

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See Hint Today, Jennifer earns $55000 at her first job. Her mom used to make $15,000 at her first jo...