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Sagot :
Answer:
D. Approximately $926,000
Explanation:
To compute the purchasing power of president of the united state's salary in 1940, we will divide 100 by 8.1
= 100/8.1
= 12.3457
The next step is to multiply the above result by $75,000
= 12.3457 × $75,000
= $925,925.93
The above means that in real dollars adjusted to inflation, the president in 1940 earned more than twice the president in 2000
Therefore, 1940 presidential salary measured in yes of purchasing power of the dollar in 2000 would be approximately $926,000
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