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The Table Shows How the Salary of an Individual Will  A changing Measuring Stick  \quad \quad \quad \quad \quad \text { A changing Measuring Stick }

question 56

Multiple Choice

The table shows how the salary of an individual will increase after 40 years and how price level will increase for the same period. What will be the real income x for the individual in 2060?  A changing Measuring Stick  \quad \quad \quad \quad \quad \text { A changing Measuring Stick }

 Year  Nominal  Income  Price  Level  Real  Income 2020$30,0001.0$30,0002060$180,0003.0X\begin{array}{|c|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Nominal } \\\text { Income }\end{array} & \begin{array}{c}\text { Price } \\\text { Level }\end{array} & \begin{array}{c}\text { Real } \\\text { Income }\end{array} \\\hline 2020 & \$ 30,000 & 1.0 & \$ 30,000 \\\hline 2060 & \$ 180,000 & 3.0 & \mathbf{X} \\\hline\end{array}

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Definitions:

Low-Sodium Diet

A dietary plan that limits the intake of sodium, beneficial for individuals with certain health conditions like high blood pressure.

Bland Diet

A diet consisting of foods that are mild in flavor and easy on the stomach, typically recommended for people with gastrointestinal issues.

High-Calorie, High-Protein Diet

A nutritional plan that significantly incorporates foods rich in calories and proteins, often recommended for individuals needing to gain weight or muscle mass.

Body Mass Index

a numerical calculation that evaluates an individual's body weight in relation to their height, used as an indicator of obesity and underweight.

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