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  • Quoted: I graphed the annual percent change of inflation (CPI) in the Untied States from 1774 to 2007 and then added a graph of the CPI index. This index takes $100 in 2007 and shows what the equivalent dollar amount is for each year (so in 1774 that would be $3.77). However, this does not represent the changes in the standard of living, given the invention

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