Jim earned an annual salary of $15,000 in 1965. What is this equivalent to in 2005 dollars?

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Jim earned an annual salary of $15,000 in 1965. What is this equivalent to in 2005 dollars? (Use Exhibit 2 to find the CPI in the years mentioned.)

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Economics

ISBN: 978-1133561675

11th edition

Authors: Roger A. Arnold

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