Given cpi in 1988 1169 and cpi in 2013 2343 if the


Given: CPI in 1988 = 116.9 and CPI in 2013 = 234.3. If the starting salary for a new MBA in 1988 was $48,000, what amount in 2013 would that be equivalent to in real terms?

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Business Economics: Given cpi in 1988 1169 and cpi in 2013 2343 if the
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