The salary of President Warren G. Harding in 1922 was $75,000. The salary of President Trump...
The salary of President Warren G. Harding in 1922 was $75,000. The salary of President Trump in 2018 is $400,000. If the CPI in 1922 was 16.8, while the CPI in 2018 is 250, then President Harding's 1922 salary was equivalent to a 2018 salary of about
Homework Answers
President Harding's 1922
CPI = 16.8
Salary = $75,000
President Trump 2018
CPI = 250
Salary = $400,000
Therefore,
President Harding's 1922 salary was equivalent to a 2018 salary of =(75000/16.8)*250 = $1,116,071.43
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The salary of President Warren G. Harding in 1922 was $75,000.
The salary of President Trump...
In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer...
In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 214.5 for 2009. President Hoover's 1931 salary was equivalent to a 2009 salary of about: Select one a. $ 1,058,388 b. $1,140,000 c. $15,525,000 d. $ 5,507
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