Suppose you are offered a job at 52,000 per year in Dallas. A second job offer in San Diego promises to pay you the same real income (purchasing power) as the Dallas offer. What nominal salary must be offered by the San Diego job for the purchasing power of 4th two offers to be the same?

click her to go directly to the U.S. Bureau of Labor Statistics. https://www.bls.gov/cpi/regional-resources.htm. Enter index numbers exactly how they appear on the BLS website.

1.HALF2 2020 index for Dallas=

2.HALF2 2020 index for San Diego=

3.Real Income for the Dallas offer=

4.The San Diego job offer must be for it to have the same purchasing power as the Dallas Job offer.