Inflation and Money - End of Chapter Problem In 2003, Julia Roberts was paid a then-record shattering $25 million for her role in the film Mona Lisa Smile. The CPI that year was 184. In 2013, Sandra Bullock was paid $70 million for the film Gravity. The CPI in 2013 was 233. Round answers to two decimal places. a. Convert Julia Roberts' salary into 2013 dollars. $ b. Convert Sandra Bullock's salary into 2003 dollars. $ c. Which actress had higher real earnings? Julia Roberts million million Sandra Bullock
Inflation and Money - End of Chapter Problem In 2003, Julia Roberts was paid a then-record shattering $25 million for her role in the film Mona Lisa Smile. The CPI that year was 184. In 2013, Sandra Bullock was paid $70 million for the film Gravity. The CPI in 2013 was 233. Round answers to two decimal places. a. Convert Julia Roberts' salary into 2013 dollars. $ b. Convert Sandra Bullock's salary into 2003 dollars. $ c. Which actress had higher real earnings? Julia Roberts million million Sandra Bullock
Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781305971509
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Measuring The Cost Of Living
Section: Chapter Questions
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