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If real income has decreased by 2 percent and the aggregate price level has increased by 5 percent, then nominal income has _____ by _____

If real income has decreased by 2 percent and the aggregate price level has increased by 5 percent, then nominal income has _____ by _____ percent, everything else held constant.

1.increased; 3

2.decreased; 3

3.increased; 7

4.decreased; 7

5.increased; 10

6.decreased; 10

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