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You are offered a job for $60,000 in Oklahoma where the Regional Price Parity stands at 91.3. You would rather live in California where the
You are offered a job for $60,000 in Oklahoma where the Regional Price Parity stands at 91.3. You would rather live in California where the Regional Price Parity is measured at 111.2. How much would you need to earn in California to have the same standard of living as you would have in Oklahoma? a. $49,263 b. $65,717 c. $66,720 d. $73,078 e. $78,992
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
