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Business, 10.03.2020 04:48 hahHcjckk

Ben's nominal annual income in 2009 was $40,000. If the rate of inflation is constant at 10 percent, in order to keep Ben's real income constant, his nominal income in the year 2010 should be:

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Ben's nominal annual income in 2009 was $40,000. If the rate of inflation is constant at 10 percent,...
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