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Assume Your Salary Is $2000 Per Month and Your Employer

Question 26

Multiple Choice

Assume your salary is $2000 per month and your employer gives you a raise of 6%.Over the next twelve months the inflation rate is 12%.Your real salary will change by


A) +12%.
B) + 6%.
C) 0%.
D) - 6%.
E) - 12%.

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