Your father earned $34,000 per year in 1984. To the nearest dollar, what is that equivalent to in 2014 if the CPI in 2014 is 2
1 answer:
Answer:
The answer is : 70288.46
Step-by-step explanation:
Your father earned $34,000 per year in 1984.
The CPI in 2014 is 215 and the CPI in 1984 is 104.
The CPI or consumer price index examines the weighted average of prices of goods and services like transportation, food etc.
The Current income equivalent will be = value in 1984 X ( CPI in 2014/CPI in 1984)
= 70288.46
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The graph that matches the given equation is y≥x-1 is Graph A.
Option: C.
<u>Step-by-step explanation:</u>
The given equation y≥x-1 is a linear inequality equation.
Graphing Linear Inequalities differs from graphing regular linear equations. That is it has certain rules to be followed to draw the graph.
- First, rearrange the equation as y in the left and other terms in the opposite side.
- Check for the line: y= , y≤ and y≥ comes with straight line where as y< and y> comes with a dotted line.
- Shading: If y> greater than or y≥ greater than or equal is present then the space above the line has to be shaded. If y< less than or y≤ less than or equal is present then the space below the line has to be shaded.
For the given equation y≥x-1,
The line will be solid passing through (0,-1) and (3,2) since it has y≥. Also, the region above the line is shaded.
So the graph A is the graph that matches the equation y≥x-1.
