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In which year did a newly hired professor earn more in real

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Which professor is better off. The starting  salary  for a new assistant economics professor was 15000 in 1976 and 80 000in 2005. The value of the CPI for 2005 was 195.3 compared to 56.9 in 1976. In which year did a newly hired professor earn more in real terms ?

Reference no: EM13333555

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