If your nominal income rose by 53 percent and the price, Other Subject

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If your nominal income rose by 53 percent and the price

If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by what percentage would your real income (approximately) increase? If your nominal income rose by 2.8 percent and your real income rose by 1.1 percent in some year, what must have been the (approximate) rate of inflation?

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Other Subject: If your nominal income rose by 53 percent and the price

Reference No:- TGS0651622

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Recent Questions Asked Other Subject

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Other Subject: If your nominal income rose by 53 percent and the price

Reference No:- TGS0651622

Recent Questions Asked Other Subject

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