The table on the next page shows the top 10 films of all time through July 2015,

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The table on the next page shows the top 10 films of all time through July 2015, measured by box office receipts in the United States, as well as several other notable films farther down the list.
Total Box Office Receipts Rank Film Year Released CPI $760,507,625 Avatar 2009 215 Titanic 658,672,302 1997 161 Jurassic

The CPI in 2015 was 238. Use this information and the data in the table to calculate the box office receipts for each film in 2015 dollars. Assume that each film generated all of its box office receipts during the year it was released. Use your results to prepare a new list of the top 10 films, based on their earnings in 2015 dollars. (Some of the films, such as the first Star Wars film, Gone with the Wind, and Snow White and the Seven Dwarfs, were re-released to theaters several times, so their receipts were actually earned during several different years, but we will ignore that complication.)

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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