ECO121_-_FA_2023_-_RE_1160.webp
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ECO121_-_FA_2023_-_RE_1160.webp

(Choose 1 answer)
(17797) 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 Moines 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?
A. $23,040
B. $52,000
C. $79.200
D. $100,000
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