Briefly discuss whether you would rather live in the United States of 1900 with an income of $1,000,000 per year or the United States of
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Briefly discuss whether you would rather live in the United States of 1900 with an income of $1,000,000 per year or the United States of 2016 with an income of $50,000 per year. Assume that the incomes for both years are measured in 2016 dollars.
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There are some relevant considerations An income of 1000000 represents 20 times more basic purchasin... View full answer

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