CENGAGE | MINDTAP Homework: Chapter 06 Complete the following table by converting the original U.S. dollar earnings of Nicklaus, Watson, and Woods ('00) to 2009 U.S. dollars. (Hint: Round your calculations up to the nearest U.S. dollar.) Year Golfer Nominal Winnings U.S. Dollars ($) U.S. CPI (1983 = 100) Winnings In 2009 U.S. Dollars ($) 1973 Jack Nicklaus 308,362 44.4 1980 Tom Watson 530,808 82.4 2000 Tiger Woods 2009 Tiger Woods 9,188,321 10,508,163 172.2 214.5 10,508,163 List the four golfers in order from lowest inflation-adjusted winnings to highest. Begin by choosing the golfer with the lowest inflation-adjusted winnings from the selection list labeled "4." 4. 3. 2. 1. Grade It Now Save & Continue Continue without saving acer Q s
CENGAGE | MINDTAP Homework: Chapter 06 Complete the following table by converting the original U.S. dollar earnings of Nicklaus, Watson, and Woods ('00) to 2009 U.S. dollars. (Hint: Round your calculations up to the nearest U.S. dollar.) Year Golfer Nominal Winnings U.S. Dollars ($) U.S. CPI (1983 = 100) Winnings In 2009 U.S. Dollars ($) 1973 Jack Nicklaus 308,362 44.4 1980 Tom Watson 530,808 82.4 2000 Tiger Woods 2009 Tiger Woods 9,188,321 10,508,163 172.2 214.5 10,508,163 List the four golfers in order from lowest inflation-adjusted winnings to highest. Begin by choosing the golfer with the lowest inflation-adjusted winnings from the selection list labeled "4." 4. 3. 2. 1. Grade It Now Save & Continue Continue without saving acer Q s
Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter6: How Statisticians Measure Inflation
Section6.A: How Statisticians Measure Inflation
Problem 5TY
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
Transcribed Image Text:CENGAGE | MINDTAP
Homework: Chapter 06
Complete the following table by converting the original U.S. dollar earnings of Nicklaus, Watson, and Woods ('00) to 2009 U.S. dollars. (Hint: Round
your calculations up to the nearest U.S. dollar.)
Year
Golfer
Nominal Winnings U.S. Dollars ($)
U.S. CPI (1983 = 100)
Winnings In 2009 U.S. Dollars ($)
1973
Jack Nicklaus
308,362
44.4
1980
Tom Watson
530,808
82.4
2000
Tiger Woods
2009
Tiger Woods
9,188,321
10,508,163
172.2
214.5
10,508,163
List the four golfers in order from lowest inflation-adjusted winnings to highest. Begin by choosing the golfer with the lowest inflation-adjusted
winnings from the selection list labeled "4."
4.
3.
2.
1.
Grade It Now
Save & Continue
Continue without saving
acer
Q s
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