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If Jim's income is $80,000 and the price level is 4, then Jim's real income is:
Arithmetic Operations
Core math functions consisting of addition, subtraction, multiplication, and division.
Arithmetic Operations
Fundamental mathematical processes including addition, subtraction, multiplication, and division.
Arithmetic Operations
Core math functions that consist of addition, subtraction, multiplication, and division.
Exponential Notation
A mathematical way to write numbers using bases and exponents, often used to express very large or small numbers succinctly.
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