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Business, 07.03.2020 00:01 jpsaad00

G Ingrid took a university teaching job as an assistant professor in 1974 at a salary of $10,000. By 2003, she had been promoted to full professor, with a salary of $50,000. If the price index in 1974 was 50 and the price index in 2003 was 180, what is Ingrid's 2003 salary in 1974 dollars?

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G Ingrid took a university teaching job as an assistant professor in 1974 at a salary of $10,000. By...
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