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6. Given the following macroeconomic data: -- nominal income $65,000 -- CPI - 125 Determine Real Income in this hypothetical situation. O $52,000 O $50,000

6. Given the following macroeconomic data: -- nominal income $65,000 -- CPI - 125 Determine Real Income in this hypothetical situation. O $52,000 O $50,000 O $60,000 O cannot be computed based on information provided O $$55,000

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