Question

You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your starting salary are given below. Which of you started your first job with the highest real income? Year 1980 Family member: Your father CPI: 813 Starting Salary: $500,000 Year 1985 Family member: Your mother CPI: 1.08 Starting Salary: $817,900 Year 2010 Family member: Your older sister CPI: 2.18 Starting Salary: $532,000 Year 2017 Family member: You CPI: 2.44 Starting Salary: $538,200 The family member that started with the highest real income was:

          You have just graduated from college. You, your older sister, your mother, and your father are comparing the starting salaries in your first jobs. The year you each started your first job, the CPI in that year, and your starting salary are given below. Which of you started your first job with the highest real income?

Year 1980
Family member: Your father
CPI: 813
Starting Salary: $500,000

Year 1985
Family member: Your mother
CPI: 1.08
Starting Salary: $817,900

Year 2010
Family member: Your older sister
CPI: 2.18
Starting Salary: $532,000

Year 2017
Family member: You
CPI: 2.44
Starting Salary: $538,200

The family member that started with the highest real income was:

Added by Leslie F.

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