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Athletes Make More Now, but Prices Are Also Higher Than

Question 1

Multiple Choice

Athletes make more now, but prices are also higher than in the past. In 2013 the basketball player Stephen Curry signed a contract for $44 million with the Golden State Warriors. How much is this in 1975 dollars? (The CPI was 53.8 in 1975 and was 233.9 in 2013.)


A) About $308 million
B) About $37 million
C) About $90 million
D) About $26 million
E) About $16 million

Correct Answer:

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