# Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by

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Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings? (b) What is the real value of your savings if the price level declines by 10 percent?

- 8 years ago

**Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by**

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### Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the

NOT RATEDSuppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings? (b) What is the real …

8 years ago### Suppose you have $500 in savings

NOT RATEDSuppose you have $500 insavingswhen theprice levelindex is at 100.

(a) If inflation pushes the price level up by 10 percent, what will be thereal valueof

your …8 years ago