Social Studies, 05.12.2019 18:31 jlluminate5635

Suppose a family's income increases by 5 percent at the same time that inflation is 6 percent. then the family's living standard
a. will increase by 5 percent.
b. will increase by 1 percent.
c. will decrease.
d. will not change.

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Suppose a family's income increases by 5 percent at the same time that inflation is 6 percent. then...