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Business, 21.04.2020 16:55 gwendallinesikes

A college graduate in 1972 found a job paying $7,200. The CPI was 0.418 in 1972. A college graduate in 2005 found a job paying $30,000. The CPI was 1.68 in 2005. The 1972 graduate's job paid in nominal terms and in real terms than the 2005 graduate's job.

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A college graduate in 1972 found a job paying $7,200. The CPI was 0.418 in 1972. A college graduate...
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