ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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In 1954, mantle earned 21000 playing for the yankees. The CPI in 1954 was 26.9 and in 2010 was 218.06. What is manyles 1954 salart in 2010 dollars
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- In 1984 Michael Jordan got a contract with Nike that was worth $500,000 a year, for the next 5 years (1984-1988, inclusive). How much the contract would worth, year-by-year, if we express it in 2018 dollars? Use the following data for this calculation: Year 1984 1985 1986 1987 1988 2018 CPI 103.9 107.6 109.6 113.6 118.3 251.631arrow_forwardThe cost of the basket of goods in a particular year was $78.00 while in the base year the cost was $60. What is the CPI? 100 115 130 140arrow_forwarddocs.google.com 2.9% 5. Suppose your father earned a salary of 15000$ in 2010. If the CPI is 31 in 2010 and 220 in 2022 than the value of your father's salary in 2022 is: * 2113.63 106451.6 3300000 465000 6. Lina and Sandra graduated, each with a degree in mechanical engineer,arrow_forward
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