Time left 0:29:41 Question 10 Not yet answered Marked out of 0.50 Flag question Question text In 1924, the famous US novelist F. Scott Fitzgerald wrote an article for the widely read US weekly magazine The Saturday Evening Post titled 'How to live on $36,000 a year', in which he wondered how he and his wife had managed to spend all of that very high income without saving any of it (Fitzgerald, 1924).[i] The CPI in the United States in 1924 was 17, and the CPI in 2016 was 240. What income would a person have needed in 2016 to have had the same purchasing power that Fitzgerald's $36 000 had in 1924? Round up your answers to integer. We do not consider decimal values. END NOTES [i] F. Scott Fitzgerald (1924), 'How to live on $36 000 a year', The Saturday Evening Post, 5 April