1. What is the absolute top movie of all time, based on total inflation-adjusted receipts? Show your calculations. You need to deflate the nominal values.

Movie Avatar Titanic Gone with the Wind

Year released 2009 1997 1939

Receipts $706,508,000 $658,547,000 $198,676,000

Receipts adjusted for inflation ( DO not have Information )

Adjusted Rank ( DO not have Information )

CPI 1997 = 161,

CPI 1939 = 14,

CPI 2009 = 215,

CPI 1982 = 100, base year.