connerhaile8390 connerhaile8390
  • 11-03-2024
  • Business
contestada

If your nominal income rose by 5.30 percent and the price level rose by 4.30 percent in some year, by what approximate percentage would your real income increase?
a) 0.97%
b) 1%
c) 0.5%
d) 0.8%

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