[Step-by-Step] Corn prices paid to farmers in 1915 was $2.25/bushel. If we have averaged a general inflation rate of 3%/year since then, what would be the
Question: Corn prices paid to farmers in 1915 was $2.25/bushel. If we have averaged a general inflation rate of 3%/year since then, what would be the price paid for corn today if the price had kept pace with inflation?
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