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C D H ear CPI 1912 9.8 1913 9.9 1914 10.0 1915 10.1 1916 10.9 1917 12.8 1918 15.1 1919 17.3 1920 20.0 1921 17.9

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C D H ear CPI 1912 9.8 1913 9.9 1914 10.0 1915 10.1 1916 10.9 1917 12.8 1918 15.1 1919 17.3 1920 20.0 1921 17.9 1922 16.8 1923 17.1 1924 17.1 1925 17.5 1926 17.7 1927 17.4 1928 17.1 1929 17.1 1930 16.7 1931 152 1932 13.7 1933 13.0 1934 13.4 1935 13.7 1938 13.9 1937 14.4 1938 14.1 1939 13. 1940 140 1941 14.7 1942 16.3 1943 17.3 1944 17.6 1945 18.0 1946 19.5 1947 22.3 1948 24.1 1949 23.8 1950 24.1 1951 28.0 1952 26.5 1953 26.7 1954 26.9 1955 26.8 1956 27 2 1957 28.1 1958 28.9 1959 29.1 1960 29.6 1981 29.9 1982 30.2 1963 30.6 1984 31.0 1985 31.5 1986 324 1957 33.4 1968 34.8 1969 36.7 1970 38.8 1971 40.5 1972 41 8 1973 44.4 1974 49.3 1975 53.8 1976 56.9 60.6 1978 65.2 1979 72.6 1980 824 1981 90.9 1982 98.5 1983 99.6 1984 103.9 1985 107 6 1986 109.6 1987 113.6 1988 118.3 1989 124.0 0661 130.7 1991 138.2 1992 140.3 1993 44. 1994 148.2 1995 152.4 1998 158.9 1997 180.5 1998 163.0 1999 168.6 2000 172 2 2001 77.1 2002 179.9 2003 184.0 2004 188.9 2005 195.3 2008 201 6 2007 207.3 2008 215.3 2009 214.5 2010 218.1 2011 224.9 2012 229.6 2013 233.0 2014 238.7 2015 237.0 2016 240.0 2017 245.1 2018 251.1 2019 255.7 2020 258.8 2021 271.0 116 17Math 110 Homework #6 23 points Open and use the CPI file posted on Blackboard for the following questions. 1. If someone needed $23,000 to maintain a certain standard of living in 1980, how much would be needed to maintain the same standard of living in 2021? [2 pts] 2. In a 1966 episode of Batman, the Penguin tries to steal $12 million from the Gotham City Multi-Millionaires Club. Batman and Robin, naturally, foil this dastardly scheme. Approximately how much money, in 2021 constant dollars, would Penguin be trying to steal today (round to a large whole number; the Penguin doesn't mess around with petty change like hundreds or even thousands)? [2 pts] 3. Find an example in a book, movie, newspaper or magazine article of a price or a wage that is over 10 years old (see #2 above as an example]. Cite the source of your price or wage. Convert that dollar amount to 2021 constant dollars. Show your calculation and explain the meaning of your answer. [3 pts]

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