Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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An entry-level salary for teachers in Boston was $13,579 in 1981. According to the NEA, the average entry-level salary for Massachusetts had risen to
$45,498 in 2017. What should the entry-level salary have been in 2017 if the 1981 figure was adjusted for inflation?
Type your answer...
3
Did the entry-level salary increase faster or slower than inflation?
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Transcribed Image Text:An entry-level salary for teachers in Boston was $13,579 in 1981. According to the NEA, the average entry-level salary for Massachusetts had risen to $45,498 in 2017. What should the entry-level salary have been in 2017 if the 1981 figure was adjusted for inflation? Type your answer... 3 Did the entry-level salary increase faster or slower than inflation?
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