The real incomes in 1990 and 2015. To explain: Whether able to buy more goods and services in 1990 or 2015.

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Chapter 14, Problem 14.70ACI

a.

To determine

To find: The real incomes in 1990 and 2015.

To explain: Whether able to buy more goods and services in 1990 or 2015.

b.

To determine

To calculate: The monetary income for 2015.

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