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Can anyone help me on this, also explain me how to done this? In 1946, the LIS. Presidents salary was $75,000, and the CPI was
Can anyone help me on this, also explain me how to done this?
In 1946, the LIS. Presidents salary was $75,000, and the CPI was 19.5. In 2012, the US. President's salary was S400,000, and the CPI was 229594. a) Convert the 1946 salary to 2012 dollars and compare it to the President's actual salary in 2012. President's 1946 salary in 2012 dollars $33,973.01 $14,625 $384,616.38 2,061, 28205 Has the President's salary kept pace with inflation? C) A. Yes O B. No b) Convert the 2012 salary to 1946 dollars. $33,973.01 $6,36994 $172,196.50 $918,376 $400,000 H. H. $918,376 $883,053.85 $76,000 $78,000 $400,000 2,051 ,282.05 $384,615.38 $174,220.58 c) Convert both the 1946 salary and the 2012 salary to a real salary using the base year 1982- 1984. 1946 salary converted to a real salary: $33,973.01 $174,220.58 $384,616.38 $32,666.36 $883,053.86 2012 salary converted to a real salary: O D. $918,376 $75,000 $883,053.86 $172,196.50 H. H. $918,376 $14,625 $76,000 $400,000 $14,625 $78,000 $33,97301 2,051 ,282.05 01. 01. 01. 01. S174,220.58 S6,369.94 S172,195.50 S883,0S3.85 S78,ooo S14,62S S75,ooo S78,ooo S6,369.94 S172,195.50 2,051 S400,ooo S6,369.94 S384,615.38 S174,220.58
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