X Homework (Ch 11) Attempts Keep the Highest / 2 3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Palmer, Trevino, and Norman, use the formula for converting dollar figures from an earlier era into year 2017 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings U.S. CPI Year Golfer (Dollars) (1983 = 100) Winnings in 2017 Dollars 1963 Arnold Palmer 128,230 30.6 1970 Lee Trevino 157,037 38.8 1986 Greg Norman 653,296 109.6 2017 Justin Thomas 9,921,560 245.1 9,921,560 True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is the same as the golfer with the highest PGA winnings after adjusting for inflation. True O False