Using the data on the consumer price index reported in Table 8.1, calculate the value in 2012
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(a) The salary of a worker in 1900: $1,000 per year.
(b) Babe Ruths salary in 1932: $80,000.
(c) A bottle of Coke or Pepsi in the late 1940s: one nickel.
(d) A quarter pounder from McDonalds in 1972: 55 cents.
(e) A movie ticket to see Star Wars in 1977: about $2.25.
(f) A pack of M&M candies in 1991: 45 cents.
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