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During the same 10-year period, your after-tax income rose from 540,000 to $55.000. The compo CPI at the beginning of the period was 86 and
During the same 10-year period, your after-tax income rose from 540,000 to $55.000. The compo CPI at the beginning of the period was 86 and at the end of the 10-year period is 100.7 marks Has the percent change in your real after-tax income from the beginning to the end of the 10 period matched the change in after-tax nominal income? Has the change in your real income kept up with the inflation rate? nswers should be to nearest dollar and .01%
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