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Unformatted text preview: $80,000 in 1931
Number of Baskets Bought by Ruth in 1931 =
Cost of Each Basket in 1931 $80,000 in 1931
Number of Baskets Bought by Ruth in 1931 =
Cost of Each Basket in 1931
2010 Cost of the Baskets Bought by Ruth in 1931
= Cost of Each Basket in 2010 × Number of Baskets Bought in 1931
$80,000 in 1931
= Cost of Each Basket in 2010 ×
Cost of Each Basket in 1931 2010 Cost of the Baskets Bought by Ruth in 1931
= Cost of Each Basket in 2010 × Number of Baskets Bought in 1931
$80,000 in 1931
= Cost of Each Basket in 2010 ×
Cost of Each Basket in 1931
= Cost of Each Basket in 2010
× 100
Cost of Each Basket in a Base Year Cost of Each Basket in a Base Year
1
×
×
Cost of Each Basket in 1931
100
× $80,000 in 1931 2010 Cost of the Baskets Bought by Ruth in 1931
Cost of Each Basket in 2010
=
× 100
Cost of Each Basket in a Base Year
Cost of Each Basket in a Base Year
1
×
×
Cost of Each Basket in 1931
100
× $80,000 in 1931
= CPI in 2010
× $80,000 in 1931
CPI in 1931 2010 Cost of the Baskets Bought by Ruth in 1931
CPI in 2010
=
× $80,000 in 1931
CPI in 1931 Value in This Year's Dollars
CPI This Year
= Value in a Past Year's Dollars ×
CPI in the Past Year Value in This Year's Dollars
CPI This Year
= Value in a Past Year's Dollars ×
CPI in the Past Year Value in This Year's Dollars
CPI This Year
= Value in a Past Year's Dollars ×
CPI in the Past Year Value in This Year's Dollars
CPI This Year
= Value in a Past Year's Dollars ×
CPI in the Past Year ...
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This note was uploaded on 02/29/2012 for the course ECON 132 taught by Professor Rado during the Fall '08 term at BC.
 Fall '08
 Rado

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