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assume the last year the consumer price index CPI was 150 and a household's nominal income was 30,000. if the CPI this year is 160,

assume the last year the consumer price index CPI was 150 and a household's nominal income was 30,000. if the CPI this year is 160, to be as well off as last year, the household should have an increase in nominal income of?

2000 and how.

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