2007-10-10 16:04:58 · 2 answers · asked by Katie R 1 in Business & Finance ➔ Investing
Depends on what exactly you are using as a basis for your measurement:
$87,557.00 using the Consumer Price Index
$65,948.90 using the GDP deflator
$0.00 using the value of consumer bundle
$371,581.40 using the unskilled wage
$486,672.95 using the nominal GDP per capita
$1,579,107.75 using the relative share of GDP
2007-10-10 16:15:02 · answer #1 · answered by Cisco 2 · 0⤊ 0⤋
In 2006, $4,000.00 from 1910 is worth:
$87,557.00 using the Consumer Price Index
$65,948.90 using the GDP deflator
$0.00 using the value of consumer bundle
$371,581.40 using the unskilled wage
$486,672.95 using the nominal GDP per capita
$1,579,107.75 using the relative share of GDP
If you need help determining which result is most appropriate for you, see Measures of Worth.
For construction of the Indicators, go to CPI | GDP | Consumer Bundle | Unskilled Wage series.
Citation
Samuel H. Williamson, "Five Ways to Compute the Relative Value of a U.S. Dollar Amount, 1790 - 2006," MeasuringWorth.Com, 2007.
2007-10-10 16:16:16 · answer #2 · answered by kit_roamer 2 · 0⤊ 0⤋
several million
2007-10-10 16:12:20 · answer #3 · answered by Michael M 7 · 0⤊ 0⤋