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Business, 01.07.2020 19:01 rubincain203

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 237 for 2015. President Hoover’s 1931 salary was equivalent to a 2015 salary of about: a) $1,057,894. b) $16,080,001. c) $1,169,408. d) $4,965.

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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consume...
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