please explain your answer!
2006-08-08 17:10:05 · 10 answers · asked by trusolja_dareal23 1 in Business & Finance ➔ Advertising & Marketing
It is definitely worth less. Inflation over time causes individual sums to be worth less. Basically you can buy less stuff with a dollar now than you could 20 years ago.
2006-08-08 17:13:42 · answer #1 · answered by Rob 2 · 0⤊ 1⤋
Money in the amount of 183.03 in today's U. S. dollars would be needed to buy what $100 (U. S.) did in 1986. So our "almighty" dollar is rather pitiful and puny compared to twenty years ago.
2006-08-09 00:24:17 · answer #2 · answered by The Invisible Man 6 · 0⤊ 0⤋
Less
If in the past you could buy a chocolate bar for 5cents then
I'd say the dollar is worth less now that before...
2006-08-09 01:06:19 · answer #3 · answered by Miss K. 2 · 0⤊ 0⤋
No 20 years ago I could get 100 pieces of candy with that now I can only get four or five of the same type of candy.
2006-08-09 00:15:16 · answer #4 · answered by Man 6 · 0⤊ 0⤋
Probably similar from a comperative stance, but the exchange rate is lower so the US dollar is not as strong as it has been and usually is.
2006-08-09 00:14:52 · answer #5 · answered by Swede 3 · 0⤊ 0⤋
more because the gas price has gone up
2006-08-09 00:13:17 · answer #6 · answered by Anonymous · 0⤊ 0⤋
less
2006-08-09 00:13:59 · answer #7 · answered by JenJen 4 · 0⤊ 0⤋
Less.
http://eh.net/hmit/compare/result.php?use%5B%5D=DOLLAR&use%5B%5D=GDPDEFLATION&use%5B%5D=UNSKILLED&use%5B%5D=NOMGDPCP&use%5B%5D=NOMINALGDP&amount2=1&year2=1985&year_result=&amount=&year_source=
and you can test for yourself. http://eh.net/hmit/compare/
2006-08-09 00:15:18 · answer #8 · answered by Christian 2 · 0⤊ 0⤋
im guessing that it was more.
2006-08-09 00:13:12 · answer #9 · answered by bk_cutie_luvs_u 4 · 0⤊ 0⤋
WAY TOTALLY MORE!!
2006-08-09 00:13:49 · answer #10 · answered by Mzz Pinkzz 1 · 0⤊ 0⤋