Business
Business, 24.12.2020 04:00, gabmilex1

Jose is offered a job in Riverside where the CPI is 80, and a job in Los Angeles, where things are a little more expensive and so the CPI is 200. Jose's job offer in Los Angeles is for $100,000. How much does the Riverside job have to pay in order for the two salaries to represent about the same purchasing power (Hint: use the CPIs given to convert Los Angeles dollars to Riverside dollars)

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Answers: 3

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Jose is offered a job in Riverside where the CPI is 80, and a job in Los Angeles, where things are a...

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