1.3. In year 1, your annual income is $45,000 and the CPI is 143.6; in year 2,...

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1.3. In year 1, your annual income is $45,000 and the CPI is 143.6; in year 2, your annual income is $51,232 and the CPI is 150.7. Has your real income risen, fallen, or remained constant?

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Economics

ISBN: 978-0324538014

8th Edition

Authors: Roger A Arnold

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