How do people determine what amounts of currency from the past are worth in today’s money? 829 viewsJanuary 3, 2024 Question90.42K July 27, 2019 0 Comments How do people determine what amounts of currency from the past are worth in today’s money? In: Economics 1 Answer ActiveNewestOldest Anonymous Posted July 27, 2019 0 Comments One such way is the idea of a “consumer price index”. Or in other words, take a collection of everyday household expenses, and compare the amounts such a collection would cost at two different points in time. Register or Login
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