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The following table shows the profits of a business and an index of the general...

The following table shows the profits of a business and an index of the general price level for 4 years

How does the level of real (inflation adjusted) profits in 20X4 compare to those of 20X1 ?

A.

+ $l8m

B.

+ $12.5m

C.

+ S3m

D.

+ $0-6m

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  • Product: BA1
  • Update on: Dec 21, 2025
  • Questions: 468
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