Frank's nominal income in 1998

Frank's nominal income in 1998 is $45,000. Suppose the CPI in 1998 is 150. What is Frank's real income?a. $51,750 b. $45,000 c.
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2. asked by Jen
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A reasonable measure of the standard of living in a country isa. nominal income per person. b. real income. c. the growth rate
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2. asked by unknown 2.0
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If inflation was 8% in a particular year and you received a 5% increase in income during the same year, then over the year your:
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Bracket creep would be eliminated if tax rates were based onnominal income. real income. per capita income. real disposable
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Bracket creep would be eliminated if tax rates were based onnominal income. real income. per capita income. real disposable
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A consumer's real purchasing power refers tothe nominal income level of the consumer. wage income earned through employment. the
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Multiple Choice QuestionWhich two consecutive years saw the largest increase in median income? A. 1994-1995 B. 1997-1998 C.
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Read the excerpt from The Diary of Anne Frank.Mrs. Frank. Peter, I'm glad you are to be with us. Peter. Yes, Mrs. Frank. (Mrs.
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Multiple Choice QuestionImpeachment proceedings against President Clinton began on December 19, 1998. President Clinton’s
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2. asked by km
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Frank's parents own their house. Which type of tax will Frank's parents pay annuallyA) Income Tax B) Sales tax C) Payroll Tax D)
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