How much was a dollar worth in 1950 compared to 2020? Why did it change?

asked Mar 21, 2021 1.7k views

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$1 in 1950 is equivalent in purchasing power to about $10.78 in 2020, a difference of $9.78 over 70 years. It changed because of inflation.

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Answer:

I wanna say 978.50

Explanation: the money would have changed it's value over the past 70 years

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