Multiple Choice
Real income is computed by:
A) dividing money income by the CPI and multiplying by 100.
B) dividing the CPI by money income and multiplying by 100.
C) multiplying money income by the CPI.
D) subtracting the CPI from money income.
E) dividing a dollar by the CPI and multiplying by 100.
Correct Answer:
Verified
Correct Answer:
Verified
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