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In inflatation adjusted dollars how have average wages in the united states changed in the last 20 years?
Wiki User
∙ 9y ago
It has changed in terms of development and the economy of the country.
Wiki User
∙ 9y ago
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What was average wage 1965?
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Money spent on Korean war?
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What was the cost of gasoline in 2000?
According to the Department of Energy, in 2000, a gallon of gas cost an average of just over $1.50--in real dollars and adjusted for inflation. However, real gas prices varied depending on the locality.
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How much does it cost for a trip to the market?
it depends on how far you have to go. be it by car or foot, it all depends on the distance. Updated answer, If driving to market is your concern these figures were compiled. In 1981 $1.35 would be the equivalent of $3.37 in inflation adjusted terms for January 2012 dollars. Compare that to the price increase from 1998 where the average price was $1.02 and by July 2008 it had increased to $4.02 and you have a 294% increase in 10 years even greater than the 1981 spike. Amazingly the average inflation adjusted gasoline prices for the following peak years were; 1918 was $3.75, 1938 was $3.22, 2008 was $3.39, and the average for all of 2011 was $3.48. All very close when adjusted for inflation. Interestingly, the average price of a gallon of gas from 1918 to the present is $2.49 in January 2012 inflation adjusted dollars. So it is safe to say that anytime during that period that the price of gas was above $2.49 in inflation adjusted terms it was expensive, and whenever it was below that price it was cheap. So obviously when it reached $4.00 a gallon in July 2008 it was expensive. The average for 2011 at $3.51 we are once again expensive. More information can be gathered from the web on fuel prices.
What is the average cost of PC?
The average cost of a PC computer is $615 dollars. The average cost of a Mac is about $1300 dollars.
