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If your annual income from a part-time job is $5692, and the inflation rate is 8 percent, what is the purchasing power of your income? Question 13 options: $5236.64 $5692.08 $5691.92 $6147.36
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If your annual income from a part-time job is $5692, and the inflation rate is 8 percent, what is the purchasing power of your income?

Question 13 options:

$5236.64


$5692.08


$5691.92


$6147.36

User Pelumi
by
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1 Answer

6 votes

Answer:

your purchasing power will be lower ie 5236.64

User Crusam
by
7.1k points
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