What will be the real value of the savings
Suppose you have $900 in savings when the price level index is at 100. Instructions: Round your answers to 2 decimal places. If inflation pushes the price level up by 18 percent, what will be the real value of your savings?
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Suppose you have $900 in savings when the price level index is at 100. If inflation pushes the price level up by 18 percent, what will be the real value of your savings?
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