Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Year Golfer Nominal Winnings U.S. CPI Winnings in 2021 Dollars (Dollars) (1983 = 100) 1945 Byron Nelson 63,336 18 1972 Jack Nicklaus 320,542 41.8 1982 Craig Stadler 446,462 96.5 2021 John Rahm 7,705,933 264.7 7,705,933
Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Year Golfer Nominal Winnings U.S. CPI Winnings in 2021 Dollars (Dollars) (1983 = 100) 1945 Byron Nelson 63,336 18 1972 Jack Nicklaus 320,542 41.8 1982 Craig Stadler 446,462 96.5 2021 John Rahm 7,705,933 264.7 7,705,933
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar.
Year
Golfer
Nominal Winnings
U.S. CPI
Winnings in 2021 Dollars
(Dollars)
(1983 = 100)
1945 Byron Nelson 63,336 18
1972 Jack Nicklaus 320,542 41.8
1982 Craig Stadler 446,462 96.5
2021 John Rahm 7,705,933 264.7 7,705,933
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