MEASURING WORTH explores both nominal (current-price) measures and real (constant-price) measures from the US, UK, and Australia.
Through the collaboration of over a dozen university advisors, this high-quality website provides a free service for calculating relative worth over time.
The Comparators section provides calculators to answer questions about relative value, purchase power, growth rates, and other fascinating questions.
The Graphs section explores historical economics. Users can create graphs by selecting from data sets.
The Data Sets section provides over a dozen useful data sets related to GDP, Consumer Price Index, annual wages, and other topics related to economics topics.
User guides, a glossary, FAQs, and essay are helpful in making effective use of the website’s resources.
Librarians will find this website useful for mathematics, economics, and history classes. Also, use this online tool for teaching data literacy skills.
To visit the website, go to https://www.measuringworth.com/.