Business, 12.11.2020 16:30 Asodo6483

In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post titled "How to live on $36,000 a Year," in which he wondered how he and his wife had managed to spend all of that very high income without saving any of it. In 1924, the consumer price index (CPI) was 17, and the CPI in 2012 was 230. Source: F. Scott Fitzgerald, "How to live on $36,000 a Year," Saturday Evening Post, April 5, 1924. The income you would have needed in 2012 to have had the same purchasing power that Fitzgerald's $36,000 had in 1924 is

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In 1924, the famous novelist F. Scott Fitzgerald wrote an article for the Saturday Evening Post titl...