=+Henry Ford paid his workers $5 a day in 1914. If the consumer price index was 10

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=+Henry Ford paid his workers $5 a day in 1914. If the consumer price index was 10 in 1914 and 207 in 2007, how much is the Ford paycheck worth in 2007 dollars?

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Brief Principles Of Macroeconomics

ISBN: 9780324590371

5th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 03:02 AM

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=+Henry Ford paid his workers $5 a day in 1914. If the consumer price index was 10 in 1914 and 207 in 2007, how much is the Ford paycheck worth in 2007 dollars?
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=+Henry Ford paid his workers $5 a day in 1914. If the consumer price index was 10

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Brief Principles Of Macroeconomics

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