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Question Help You are pleased to see that you have been given a 5.07% raise this year. However, you read on the Wall Street Journal

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Question Help You are pleased to see that you have been given a 5.07% raise this year. However, you read on the Wall Street Journal Website that inflation over the past year has sig been 2.74% How much better off are you in terms of real purchasing power? (Note: Be careful not to round any intermediate steps less than six decimal places) Your real purchasing power is % (Round to two decimal places) ke of 3 of 1

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