answersLogoWhite

0

In 1838 a $100.00 was worth $100.00. Given the effect of inflation the buying power then for a given amount would be greater than at some later point in time. If you knew the inflation rate from then to now you could compute the buying power then in today's dollars. It is not a perfect calculation as there are somethings that dropped in cost as improvements were made.

User Avatar

Wiki User

10y ago

What else can I help you with?

Trending Questions
What do policymakers hope to achieve with sustainable development? What is the difference between equity shares with voting rights and equity shares with differential rights? Who is an entrapreneur? What is the difference between goods producing and service businesses? What do most economists agree that the immediate determinant of the volume of output and employment is the? What are the solutions of human wants are unlimited? If the government uses tax money to pay for long term investments such as roads or other infrastructure what happens to the economy? What is essential because it serves as a primary incentive for people to start companies expand them and provide consistently high quality competitive goods and services? Fertilizers is a boon as well as a curse . explain.? The distinguishing feature of the short run is that? What is the face value of a 1938 dime coin? International Monetary Unit contacts? Anu anongproyekto ang inilunsad ng ating pamahalaang pambansa upang mapaunlad ang pilipinas sa pamamagitan ng makabagong teknolohiya? What about the economy of the North during the Civil War is true? What is the process of selling goods or services in which the same product price promotion and distribution are used for all consumers in a particular market? Factors that determine the volume of production? What are the returns of the various factors of production? What were the more popular places in the 60s? What is a 1943 silver wheat penny worth today? Which of the following shows that an economy is stagnating?