Use the following table to answer the next question.YearNominal Income (dollars)CPIReal Income (dollars)1$44,600130 2$48,200 $35,1833$51,000139 What is the percentage change in real income from Year 2 to Year 3?
A. 4.3%
B. 0.04%
C. 5.8%
D. 0.06%
Answer: A
Economics
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