VonMiller8310 VonMiller8310
  • 26-01-2024
  • Business
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Suppose a family's income increases by 8% at the same time that inflation is 6%. Then:

A. the family's standard of living will increase
B. the family's standard of living will not change
C. the family's standard of living is not affected by inflation
D. the family's standard of living will fall

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