Question

​Clint's salary increased from ​$21,000 to ​$29 ,400 over a​ three-year period.​ Helen's salary increased from...

​Clint's salary increased from ​$21,000 to ​$29 ,400 over a​ three-year period.​ Helen's salary increased from ​$27000 to ​$37800 over the same period. Whose salary increased more in absolute​ terms? In relative​ terms? Explain. Whose salary increased more in absolute​ terms? Select the correct choice below and fill in the answer​ box(es) to complete your choice.

A. ​Clint's salary increased​ more, because his salary increased by ​$---- . This is more than ​$---- ​, the amount that​ Helen's salary increased.

B. ​Helen's salary increased​ more, because her salary increased by ​$--- . This is more than ​$--- ​, the amount that​ Clint's salary increased.

C. Neither​ person's salary increased​ more, because both of their salaries increased by ​$---- .

Homework Answers

Answer #1

Clint's salary increased from ​$21,000 to ​$29 ,400 over a​ three-year period i.e. by $ 8400.​ Helen's salary increased from ​$27000 to ​$37800 i.e. by $ 10800 over the same period.

In absolute terms, ​Helen's salary increased​ more, because her salary increased by ​$10800 . This is more than ​$8400 ​, the amount that​ Clint's salary increased. Option B.

In relative terms, Clint’s salary increased by (8400/21000)*100= 40 %, while Helen’s salary increased by (10800/27000)*100 = 40 %. Thus, in relative terms, both Clint’s and Helen’s salary increased by 40 %.

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