The movie "Return of the Jedi" earned $264 million in 1983 when it was released. The CPI in 1983 was 97.8, and the CPI in 2018 was 250. Approximately how much did the movie earn in 2018 dollars?
The movie "Return of the Jedi" earned $264 million in 1983 when it was released. The CPI in 1983 was 97.8, and the CPI in 2018 was 250. Approximately how much did the movie earn in 2018 dollars?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The movie "Return of the Jedi" earned $264
million in 1983 when it was released. The CPI in
1983 was 97.8, and the CPI in 2018 was 250.
Approximately
how much did the movie earn in
2018 dollars?
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