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Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting salary some years

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Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting salary some years ago. If the consumer price index the year Dave begins work is 180.5 while the consumer price out index the year his dad started work was 110.8, Dave is stion O a. incorrect; adjusting for quantity changes, his salary is less than his dad's salary. O b. correct; adjusting for price changes, his salary is more than his dad's salary. X Incorrect O c. correct; adjusting for quantity changes, his salary is more than his dad's salary. O d. incorrect; adjusting for price changes, his salary is less than his dad's salary. 2 If Kim's salary was $50,000 last year, and this year she receives a cost-of-living increase tied to the consumer price index (CPD), what will her salary be this year assuming the CPI has risen from 110 to 114? out

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