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Suppose Your Income Rises from €19,000 to €31,000 While the CPI

Question 14

Multiple Choice

Suppose your income rises from €19,000 to €31,000 while the CPI rises from 122 to 169. Your standard of living has likely

A) Fallen.
B) You can't tell without knowing the base year.
C) Risen.
D) Stayed the same.

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