Question
In 1980 median income was $59,066, while in 2020 median income was $83,398. In 1980 the price level was 157, while in 2020 the price
In 1980 median income was $59,066, while in 2020 median income was $83,398. In 1980
the price level was 157, while in 2020 the price level was 205. What was real income in 2020 as seen from year 1980?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
