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Use the following table to answer the next question. Nominal Income Real Income Year ( dollars) CPI ( dollars) 1 $44, 600 130 2 $48,

Use the following table to answer the next question. Nominal Income Real Income Year ( dollars) CPI ( dollars) 1 $44, 600 130 2 $48, 200 $35, 183 $51, 000 139 What is the value of real income in Year 1

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