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How will the purchasing power of an income of $30,000 be affected if inflation increases? Question 6 options: It will be able to buy more.

How will the purchasing power of an income of $30,000 be affected if inflation increases? Question 6 options: It will be able to buy more. It will be able to buy less. It will be taxed more. It will be worth more than $30,000. It will be taxed less

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