Inflation Calculator Worksheet printable pdf download

Inflation Calculator Worksheet

Fill in the following chart, using the Inflation calculator:

Determine what the amount in each year equals in 2006.

Amount of Money

$20

$100

$500

1920

1940

1960

1980

2000

Now answer the following questions:

Why do we pay more for items over time?

______________________________________________________

Ask your parents and/or grandparents how much they paid for a

hamburger when they were little. Find out what year that was.

Now use the calculator and find out how much that equals today.

A hamburger cost $__________ in __________(year)

That would equal $__________ today.

Ask your parents and/or grandparents how much they got paid for

their first job. Find out what year that was. Now use the

calculator and find out how much that equals today.

$__________ in __________(year) would equal getting paid

$__________ today. Would you take a job if you got paid that

amount today? _______________________________________

**Worksheet developed by Anne Whyte, USU Graduate Student, Economics

Inflation Calculator Worksheet