The salary of president of the united states in 2000 was$400,000. In 1940, the president's salary was

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The salary of 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 f the dollar in 2000 would be:

A) approximately $926,000

B) less than $75,000

C) approximately $668,850

D0 less than $400,000

Posted Date: Sep 12, 2021 10:50 PM

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The salary of president of the united states in 2000 was$400,000. In 1940, the president's salary was

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approximately 926000 ... View the full answer

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