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How much would you have to make in 2003 to have the same

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Reference no: EM13335212

Your grandfather tells you that he earned $.50 per hr in 1929.

1) Given that the CPI was 17.1 in 1929 and 184 in 2003, how much would you have to make in 2003 to have the same real hourly wage?

Reference no: EM13335212

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