Business > STUDY GUIDE > Lemont Twp High School - SCIENCE 101Copy_of_InflationHowfarwill100goin2009verses1939 (All)
How much will $100 get you? In 1939 the world was on the brink of World War II; the United States was entrenched in a recession. Your grandmother was one of 5 children that relocated to Houston afte... r their farm went out of business in Oklahoma. In April of 1939 your grandmother found $100 and decided to bury it in her yard incase the family ever needed it. If she had spent it on the family staples, she could have bought: 2 Loaves of Bread at 8 cents a loaf = 16 cents 3 pounds of bacon at 38 cents a pound= 114 cents 3 Gallons of Milk at 60 cents a gallon= 180 cents 5 individual bottles of Coke at 5 cents each= 25 cents 10 Stamps at 3 cents a stamp= 30 cents 1 gas stove at $20= $20 2 dozen eggs at 15 cents a carton= 30 cents 7 World Fair tickets at 75 cents per ticket=525 cents 4 lbs. of ground beef at 14 cents a lb. =56 cents 7 movie tickets at 26 cents per ticket=182 cents 10 gallons of gas at 10 cents a gallon=100 cents 1 average home radio at $25= 25 16 ounces of cheese at 23 cents per lb. = 368 cents 1 share in General Electric at $38= $38 How much money would she have spent total? $99.26 How much money would she have left over? $0.74 [Show More]
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