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Question 20 (3 points) In 1929, President Herbert Hoover was paid a salary of $75,000. The price index for that year is 15.2 and the

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Question 20 (3 points) In 1929, President Herbert Hoover was paid a salary of $75,000. The price index for that year is 15.2 and the price index for 1999 is 166. What would Hoover's salary be worth in today's dollars? O a The same $75,000 Ob Less than $200,000 C Equivalent to the current President's salary of $400,000 Od Exceeds $800,000 Next Page Back

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