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Nork 1 Help Save & Exit Submit Suppose you have $ 1 0 , 0 0 0 in savings when the price level index is
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Suppose you have $ in savings when the price level index is
Instructions: Round your responses to the nearest whole number.
a What is the real value of your savings if the price level increases by percent for the year?
$
b What is the real value of your savings if instead, the price level declines by percent for the year?
$
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