Ask your own question, for FREE!
History 17 Online
OpenStudy (study12):

An economist remarked, "One hundred dollars was a lot of money during the Great Depression. In today's dollars, that $100 is worth approximately $1,064.00." What did the economist mean by this statement?

OpenStudy (anonymous):

Inflation has pushed the dollar value that something that was worth more in the 30 yr is now worth less.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!