If you are earning $20,000 this year and the CPI is 165, your real income in base year prices is

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If you are earning $20,000 this year and the CPI is 165, your real income in base year prices is

If you are earning $20,000 this year and the CPI is 165, your real income in base year prices is
A) $121.21.
B) $12,121.21.
C) $20,000.
D) $16,500.
E) $33,000.

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

Read 51 times

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