Question #2

The chart below provides you with information about Presidential salaries in specific years and the CPI for each of those years. Use this information to answer the question that follows the table.

US Presidents and their (nominal) salaries
Year	President	Nominal Salary	CPI (2010=100)
1978	Washington	$25,000	7.8
1873	Grant	$50,000	5.5
1909	Taft	$75,000	4.1
1949	Truman	$100,000	10.9
1969	Nixon	$200,000	16.8
2001	Bush	$400,000	81.0
2011	Obama	$400,000	100.0

Based on the table above, which President had the greatest real salary? (Note: real salary is the same as real income). Make sure to support to answer with the rationale used to answer this question.

a. George Washington

b. Ulysses Grant

c. Howard Taft

d. Harry Truman

e. Richard Nixon

f. George W. Bush

g. Barack Obama