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Business, 18.03.2021 01:10 raam360

You tell your grandmother about a car you’re thinking of buying and, as expected, she tells you a story about buying her first brand new car for $1,500. You feel envious of older generations and wish you could buy a new car for $1,500. Because you are focusing on dollar amounts rather than dollar amounts, you are failing to recognize that the price of your grandmother's car in today’s dollars would $1,500.

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