Use the following to answer questions .
Exhibit: Nominal and Real Income

-(Exhibit: Nominal and Real Income) Calculate the real income for an assistant professor in 1967.
A) $2,381
B) $9,524
C) $10,000
D) $42,000
Correct Answer:
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Exhibit:
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Exhibit:
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Exhibit: Consumer
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Exhibit: Consumer
Q77: Use the following to answer questions .
Exhibit:
Q78: If the CPI is 120 in 2005
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