How do people determine what amounts of currency from the past are worth in today’s money? 834 viewsJanuary 3, 2024 Question91.19K July 27, 2019 0 Comments How do people determine what amounts of currency from the past are worth in today’s money? In: Economics 1 Answer ActiveNewestOldest Anonymous Posted July 27, 2019 0 Comments One such way is the idea of a “consumer price index”. Or in other words, take a collection of everyday household expenses, and compare the amounts such a collection would cost at two different points in time. You are viewing 1 out of 1 answers, click here to view all answers. Register or Login
Latest Answers