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Use the Following to Answer Questions

Question 103

Multiple Choice

Use the following to answer questions .
Exhibit: Nominal and Real Income
Use the following to answer questions . Exhibit: Nominal and Real Income -(Exhibit: Nominal and Real Income) Calculate the approximate value of real income for an assistant professor in 1997. A) $9,524 B) $9,375 C) $40,000 D) $42,000
-(Exhibit: Nominal and Real Income) Calculate the approximate value of real income for an assistant professor in 1997.


A) $9,524
B) $9,375
C) $40,000
D) $42,000

Correct Answer:

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