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Economics - Financial Markets
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OpenStudy (anonymous):
Ugh my brain is fried and my instructor gave us no example of how to do this. Could anyone help with how to set this problem up? :) Your grandpa made $2/hour when the CPI was 42. The CPI is now 131 and you make $10/hour. Making $10/hour now is equivalent to making _______ in grandpa's time.
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