A dozen eggs were priced around $0.90 USD. Pound sizes of coffee or bacon averaged over $3.00 USD. Bread costs totaled $1.85 USD.
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In 2001, the annual presidential salary doubled from $200,000 to $400,000; the expense account stayed the same at $50,000. When adjusted for inflation to 2010 dollars, George W. Bush's average salary per year was equivalent to $452,000 per year. If you adjust all of the salaries of the Presidents for inflation, Bush's was the 8th-lowest.
The Hepburn act gave the government the power to set and limit shipping costs.
10 june 2001
If a firm is having higher costs than another in the same industry, they will pass the costs to the consumer. That has to happen if the firm is supposed to make any profits.
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