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valputin valputin
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Posts: 5754
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8 years ago
If your nominal income in 2014 was $50,000, and prices doubled between 2014 and 2017, to have the same real income, your nominal income in 2017 must be
A) $50,000.
B) $75,000.
C) $90,000.
D) $100,000.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 465 times
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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Posts: 5283
8 years ago
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valputin Author
wrote...
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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