Francis annual income in 2019 was $53,459. CPI in 2019 was 229.3 and 166.8 in 1999. What's the 2019 income equivalent value in 1999? (Hint: enter your answer in 2 decimal places)
Francis annual income in 2019 was $53,459. CPI in 2019 was 229.3 and 166.8 in 1999. What's the 2019 income equivalent value in 1999? (Hint: enter your answer in 2 decimal places)
Chapter1: Making Economics Decisions
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Transcribed Image Text:Francis annual income in 2019 was $53,459. CPI in 2019 was 229.3 and 166.8 in 1999. What's the 2019 income equivalent
value in 1999?
(Hint: enter your answer in 2 decimal placens)
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