Explain how an annual salary of $50,000 in 1970 could have more purchasing power than an annual salary of $200,000 in 2007.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 23, 2019 184k views

1 vote

Explain how an annual salary of $50,000 in 1970 could have more purchasing power than an annual salary of $200,000 in 2007.

Mathematics
middle-school

Superjos asked

by Superjos

7.4k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

3 votes

Hey!
<More Than is the answer>
Hope this helps!
~Nadia~

Gianluca Micchi answered Jul 27, 2019

by Gianluca Micchi

8.9k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Feb 9, 2018 229k views

The purchasing power of $50,000 in 1970 was _____ the purchasing power of $200,000 in 2007. a. less than b. more than c. the same as d. not comparable to

Aads asked Feb 9, 2018

by Aads

7.9k points

Mathematics
high-school

2 answers

2 votes

229k views

asked Jan 23, 2024 98.8k views

The CPI in 1970 was 38.8. The CPI in 2007 was 207.3. The purchasing power of 50,000 in 1970 was ______ the purchasing power of200,000 in 2007. 1) less than 2) more than 3) the same as 4) not comparable

Jovanka asked Jan 23, 2024

by Jovanka

9.1k points

Business
high-school

1 answer

3 votes

98.8k views

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions