Question
Mia Denton was an accountant in 1943 and earned $21,000 that year. Her son is an accountant and earned $270,000 this year. Price index was
Mia Denton was an accountant in 1943 and earned $21,000 that year. Her son is an accountant and earned $270,000 this year. Price index was 18.3 in 1943 and 20.2 this year. What is Mia's 1943 income in current dollar years?
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
