Question: WEB EXERCISE 1. As you have seen in this chapter, a dollar today does not have the same value as a dollar in the future

WEB EXERCISE 1. As you have seen in this chapter, a

WEB EXERCISE 1. As you have seen in this chapter, a dollar today does not have the same value as a dollar in the future or a dollar received in the past. At the time of his death in 1937, John D. Rockefeller was estimated to be worth $1.4 billiorn. Go to the Bureau of Labor Statistics at www.bls.gov. Highlight "Databases & Tools" at the top of the page, and select "Calculators" in the drop down menu. Click the calculator icon next to Inflation." How much would Rockefeller's for- tune be worth in today's dollars

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