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In 1931, President Jack Sparrow was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for
- In 1931, President Jack Sparrow was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 237 for 2015. President Sparrow's 1931 salary was equivalent to a 2015 salary ofabout
a. | $4,965. |
b. | $1,169,408. |
c. | $1,057,894. |
d. | $16,080,001. |
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Principles Of Macroeconomics
Authors: Lee Coppock, Dirk Mateer
2nd Edition
0393614093, 9780393614091
