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3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) In winnings at different points in time. Note
3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) In winnings at different points in time. Note that the winnings are nominal figures (unadjusted for Inflation). To convert the original earnings of Palmer, Trevino, and Stadler, use the formula for converting dollar figures from an earlier era into year 2021 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings U.S. CPI Year Golfer (Dollars) (1983 = 100) Winnings in 2021 Dollars 1962 Arnold Palmer 81/448 30.2 1970 Lee Trevino 157,037 38.8 1982 Craig Stadler 446,462 96.5 2021 John Rahm 7,705,933 264.7 7,705,933 True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is not the same as the golfer with the highest PGA winnings after adjusting for inflation. True O False Grade It Now Save & Continua Continue without saving
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