ECN-362 Topic 2 DQ1 Participation

Requirements:

Participation Discussion Question (DQ) minimum 300 words.

Include at least one citation with the appropriate citation and reference based on APA in the post. Please include 2 more references beside textbook.  (Chap 11)

Please do not use of non-academic websites (Wikipedia, Investopedia, EconomicWatch, New World Encyclopedia, Intelligent economist, Khana Academy, Shmoop, The Library of Economics and Liberty etc.) or sources with no authors or n.d sources or dictionaries, or encyclopedias or videos or lectures.

Topic 2 DQ 1 Participation – minimum 300 words

Mickey Mantle earned $21,000 playing for the New York Yankees in 1954. At that time, the CPI was 26.9. In 2018, the CPI is 247.867. If Mickey Mantle were playing today, what would his salary be? What other factors, besides inflation, have impacted major league baseball salaries?