Mar 2, 14 •
252 Views •
Businesses, Demand, Supply, and Markets, Economic History, Households, International Trade and Finance, Labor, Lifestyle •
Elaine Schwartz •
In 1918, a filet mignon at Delmonico’s Restaurant would have cost $1.65. That same item on their 2014 menu is $48.00. However, according to the BLS inflation calculator, if the price had remained the same, it would now be $25.56. Including variable
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