Question
If someone needed $68,000 to maintain a standard of living in 1984, how much would be needed to maintain the same standard of living in
If someone needed $68,000 to maintain a standard of living in 1984, how much would be needed to maintain the same standard of living in 1995? Round to nearest dollar.
CPI for 1995 = 152.4
CPI for 1984 = 103.9
$99,742
$46,360
$68,256
$87,598
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
