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QUESTION 4 In 2017, Sofia's nominal income was $58,000 and in 2020 her nominal income was $64,500. Meanwhile the price index for 2017 was 125

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QUESTION 4 In 2017, Sofia's nominal income was $58,000 and in 2020 her nominal income was $64,500. Meanwhile the price index for 2017 was 125 and for 2020 was 137. The percent change in Sofia's real income from 2017 to 2020 was, O a. 1.5% O b. 9.696 O C 10.1% O d. 11.29% O e. 21.96

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