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Your starting salary is $35,000 per year. After one year, you are given a raise that increases your nominal salary. Which of the following salaries

Your starting salary is $35,000 per year. After one year, you are given a raise that increases your nominal salary. Which of the following salaries would you prefer the most?

Select one:

a. a $36,000 salary with a CPI of 103.0

b. a $38,000 salary with a CPI of 104.0

c. a $39,000 salary with a CPI of 109.0

d. a $39,000 salary with a CPI of 110.0

e. a $37,000 salary with a CPI of 106.0

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