john earned 50000 in year 1. in year 2 he would need to earn atleast to maintain constant purchasing power

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13-02-2017
Business

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john earned 50000 in year 1. in year 2 he would need to earn atleast to maintain constant purchasing power

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Hagrid Hagrid · Answer 1 · 2017-02-24T03:11:05+01:00

Hagrid Hagrid

24-02-2017

The correct answer for this question is this one: "c) $53,250"

John earned $50,000 in year 1. In year 2, he would need to earn at least _______ in order to maintain constant purchasing power.

a) $46,948
b) $52,900
c) $53,250
d) $51,500

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