How much money would the group need to have the same amount


Problem

In 1991, the Barenaked Ladies released their hit song "If I Had a Million Dollars." How much money would the group need in 2012 to have the same amount of real purchasing power in 2012? Note that the consumer price index in 1991 was 136.2 and in 2012 it was 230.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: How much money would the group need to have the same amount
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