3. Adjusting for inflation Consider golfers who led the PGA in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). Use the formula for converting nominal values into real values to convert the original U.S. dollar earnings of Nicklaus, Watson, and Woods ('00) to 2009 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Year 1973 Golfer Jack Nicklaus Nominal Winnings U.S. Dollars ($) U.S. CPI (1983 = 100) Winnings in 2009 U.S. Dollars ($) 308,362 44.4 1980 Tom Watson 530,808 82.4 2000 Tiger Woods 2009 Tiger Woods 9,188,321 10,508,163 172.2 214.5 10,508,163 List the four golfers in order from lowest inflation-adjusted winnings to highest. Begin by choosing the golfer with the lowest inflation-adjusted winnings from the selection list labeled "4." 4. 3. 2. 1