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You currently earn a nominal wage of $50000. This year's CPI is 220. What is the value of your real wage? Type your answer in

You currently earn a nominal wage of $50000. This year's CPI is 220. What is the value of your real wage? Type your answer in the space provided. Round your answer to 2 digits (e.g. $504.265 = $504.27). Do not include "$" or

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