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Business, 25.12.2019 07:31 smcardenas02

Over the last five years john's salary has risen in nominal terms from $50,000 to $63,814. over those same five years, inflation has averaged 2% per year, each year. based on the this data, what was john's average per year raise in real terms over the five year period?

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Over the last five years john's salary has risen in nominal terms from $50,000 to $63,814. over thos...
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