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What are comparable real salaries

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What Are Comparable Real Salaries? A job paid $50000 in 2002. The CPI in 1960 was 29.6, compared to 179.9 in 2002. In 1960, what salary would be comparable to 2002's $50000 in real terms?

(Enter your response rounded to two decimal places.)

Reference no: EM131177104

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