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At a Price Level of 100,John Has Savings Equal to $20,000.If

Question 302

Multiple Choice

At a price level of 100,John has savings equal to $20,000.If the price level increases to 130,the buying power of John's savings is approximately

A) $12,780.
B) $15,400.
C) $20,000.
D) $26,000.
E) $30,000.

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