2. Increasing prices erode the purchasing power of the dollar. It is interesting to compute what goods
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2. Increasing prices erode the purchasing power of the dollar. It is interesting to compute what goods would have cost at some point in the past after adjusting for inflation. Go to www.jsc.nasa.gov/ bu2/inflate.html. What would a car that cost $22,000 today have cost during the year that you were bom?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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