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Why do economists change current dollars into constant dollars and how does that relate to the purchasing power of minimum wage over time?
Wiki User
∙ 12y ago
Well no one cares so why do you ask I'm a married women
Wiki User
∙ 12y ago
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250 is how many Constant dollars?
The answer will depend on the current year for the 250 dollars, the base year as well as the country whose dollars the question is about. It may also be relevant to have information on whether the information is required on exchange rate basis or purchasing power parity. Without ANY of that information, any answer would be totally meaningless.
Do economists make good money?
yes they make about 145,576 dollars a day and my cousin in a economists
How much do economists?
Economists Salary: American Dollars: Corporate Economists$88,428 - $132,846 Academic Economists (New Phd) $94,006 British Pounds: Corporate Economists £47,832.53 - £72,411.42 Academic Economist ( New Phd) £50,882.24
How much do economists earn?
Economists Salary: American Dollars: Corporate Economists$88,428 - $132,846 Academic Economists (New Phd) $94,006 British Pounds: Corporate Economists £47,832.53 - £72,411.42 Academic Economist ( New Phd) £50,882.24
What does the real wage represent?
the wage measured in dollars of constant purchasing power; the wage measured in terms of the quantity of good and services it buys.
Why is a paper dollar worth more than a coin?
Paper dollars and current $1 coins are both equal in purchasing power.
When economists use dollars to count the total value of goods and services they are using money as a?
Measure Of Value
How did World War 2 affect the US's GNP?
The US's GNP measured in constant 1939 dollars rose from $88.6 billion to $135 billion in 1945. Using current dollars the increase came to $220 billion.
What is absolute dollars?
constant dollar
What is the platt for jet fuel jp54 today?
The current price of the platt for the fuel JP54 today is 120 US dollars. This figure is never constant it usually fluctuates.
What is the platt price for jp54 jet fuel?
The current price of the platt for the fuel JP54 today is 120 US dollars. This figure is never constant it usually fluctuates.
What is the platt price for jet fuel jp54 today?
The current price of the platt for the fuel JP54 today is 120 US dollars. This figure is never constant it usually fluctuates.
