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Question 30 2 pts Suppose your income was $10,000 in year 1. In year 2, it was $11,000, but the rate of inflation was 20%.

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Question 30 2 pts Suppose your income was $10,000 in year 1. In year 2, it was $11,000, but the rate of inflation was 20%. Which of the following is true? O Both your nominal and real income went up. O Your nominal income went up, but your real income remained the same. O Your nominal income went down, but your real income went up. O Your nominal income went up, but your real income went down

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