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    Principles of Macroeconomics Study Set 8
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    Exam 11: Measuring the Cost of Living: Correcting Economic Variables for the Effects of Inflation
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    Nate Collected Social Security Payments of $220 a Month in 1985.If
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Nate Collected Social Security Payments of $220 a Month in 1985.If

Question 88

Question 88

Multiple Choice

Nate collected Social Security payments of $220 a month in 1985.If the price index rose from 90 to 108 between 1985 and 1986,then his Social Security payments for 1986 should have been


A) $228.
B) $238.
C) $257.
D) $264.

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