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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 229.6 for 2012. President Hoover’s 1931 salary was equivalent to a
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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 1931 and 229.6 for 2012. President Hoover’s 1931 salary was equivalent to a 2012 salary of about _____.

User Kiril Rusev
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In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics-example-1
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