The receipts and year of release of five successful movies, along with the CPI data of each

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The receipts and year of release of five successful movies, along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release, convert the receipts for each to real dollars for the year 2019 (2019 CPI 255.7). Which movie had the largest real box office receipts?

MOVIES Avatar Titanic Star Wars Shrek 2 E.T.: The Extra- Terrestrial BOX OFFICE RECEIPTS (MILLIONS) $760.5

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 06, 2023 05:09 AM

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The receipts and year of release of five successful movies, along with the CPI data of each

Question:

MOVIES Avatar Titanic Star Wars Shrek 2 E.T.: The Extra- Terrestrial BOX OFFICE RECEIPTS (MILLIONS) $760.5 600.8 461.0 437.2 399.9 Year RELEASED 2009 1997 1977 2004 1982 CPI IN YEAR RELEASED 214.5 160.5 60.6 188.9 96.5

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The following table shows the box office receipts in 2019 The movie with the hig...View the full answer

Macroeconomics Private And Public Choice

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