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If the CPI equaled 1.00 in 2008 and 1.7 in 2018 and a typical household's income equaled $73,000 in 2008 and $92,000 in 2018, then

If the CPI equaled 1.00 in 2008 and 1.7 in 2018 and a typical household's income equaled $73,000 in 2008 and $92,000 in 2018, then between 2008 and 2018, real household income Multiple Choice decreased. increased. may have either increased or decreased. was constant

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