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If your annual income from a part-time job is $5692, and the inflation rate is 8 percent, what is the purchasing power of your income? Question 13 options: $5236.64 $5692.08 $56…

If your annual income from a part-time job is $5692, and the inflation rate is 8 percent, what is the purchasing power of your income? Question 13 options: $5236.64 $5692.08 $56…
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If your annual income from a part-time job is $5692, and the inflation rate is 8 percent, what is the purchasing power of your income?

Question 13 options:

$5236.64


$5692.08


$5691.92


$6147.36

asked
User Pelumi
by
7.0k points

1 Answer

6 votes

Answer:

your purchasing power will be lower ie 5236.64

answered
User Crusam
by
7.7k points
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