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You are pleased to see that you have been given a 6 . 6 7 % raise this year. However, you read on the Wall
You are pleased to see that you have been given a raise this year. However, you read on the Wall Street Journal Web site that inflation over the past year has been 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.
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