Year cpi 1 100 2 103 3 106.5 john earned $50,000 in year 1. in year 2, he would need to earn at least in order to maintain constant purchasing power. a) $46,948 b) $52,900 c) $53,250 d) $51,500

To determine what the purchasing power needs to be in year 2 for a constant purchasing power, we compute the amount by moving from the 50,000 that corresponds to the CPI of 100, that of the initial or base year. Therefore we have: (50,000 x 103) / 100 = 51,500. The correct answer is then d.

United states is your answer

The  atomic nucleus  is the small, dense region consisting of  protons  and  neutrons  at the center of an  atom, discovered in 1911 by  ernest rutherford based on the 1909  gold foil experiment.