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Suppose a family's income increases by 3 percent at the same time that ination is 5 percent. Then the Multiple Choice 0 purchasing power of

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Suppose a family's income increases by 3 percent at the same time that ination is 5 percent. Then the Multiple Choice 0 purchasing power of their income will decrease. family's standard of living will Increase. purchasing power of their income will increase by 8%. purchasing power of their savings will increase by 8%

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