Solution-Real income of the marketing director

Real income of the marketing director

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Reference no: EM132344078

In 2009, the mean salary for a marketing director with a bachelor's degree was $84,373. The CPI for 2009 was 114.4. The mean annual salary for a marketing director in the base period of 2002 (2002 = 100.0) was $ 69,500.

What was the real income of the marketing director in 2009? How much had the mean salary increased?

Reference no: EM132344078

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Real income of the marketing director

Reference no: EM132344078

Reference no: EM132344078

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