Pauline is offered a Job in Minneapolis that pays $80,000. She is offered a similar job in
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Question:
Pauline is offered a Job in Minneapolis that pays $80,000. She is offered a similar job in Louisville that pays $71,200. Which pair of CPIs would ensure that the two salaries have the same purchasing power?
Expert Answer:
To ensure that the two salaries have the same purchasing power we can use the Consumer Price Index C... View the full answer
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