Year CPI 1990 125.6 ** 2000 169.7 2010 218.7 2020 254.1 Malcolm earned $58,000 in 1990. What would be the equivalent amount of income in 2010?

Economics (MindTap Course List)
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Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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The table below lists CPI figures for Tandang
Year
CPI
1990
125.6
2000
169.7
2010
218.7
2020
254.1
Malcolm earned $58,000 in 1990. What would be the equivalent amount of income in 2010?
Transcribed Image Text:The table below lists CPI figures for Tandang Year CPI 1990 125.6 2000 169.7 2010 218.7 2020 254.1 Malcolm earned $58,000 in 1990. What would be the equivalent amount of income in 2010?
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