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Korolek [52]
3 years ago
10

Arlo is offered a job in Des Moines, where the CPI is 60, and a job in New York, where the CPI is 125. Arlo's job offer in Des M

oines is for $48,000. How much does the New York job have to pay in order for the two salaries to represent the same purchasing power?
Social Studies
1 answer:
lana [24]3 years ago
3 0

Answer:

The correct answer is  $100,000.

Explanation:

CPI or Consumer Price Index uses a basket of goods approach that aims to compare a consistent base of products from year to year focusing on products that are bought and used by consumers daily.

In the example, we can solve the question by using the simple "rule of 3" considering that the purchasing power is directly proportional to the income received and the CPI of the place where we are located. We will have:

(48 000)/60=  x/125

125(48000) = 60(x)

x = 100000

So, a job in New York should offer $100,000 for the two salaries to represent the same buying power.

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1. You hear someone screaming for help.  It illustrates your assumption of responsibility to intervene as a bystander.

In order to act a bystander must satisfy five stages.

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5. Decide to help the victim.

The first option is incorrect because the bystander has failed to recognize it as a problem.

The second option is incorrect because the bystander has not decided to offer help.

The third option is incorrect because the bystander has no idea what to do in the situation.

The fourth option is correct because the bystander has satisfied all the above five steps. and he has called the authorities.

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1 year ago
When an agency formally creates a new rule, the first step is to solicit public comment b. publish a notice in the Federal Regis
romanna [79]

Answer:

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