In 1990 an individual earned $21,927 and the CPI had a value of 161.  In 2018 the same individual earned $35,024 and the CPI in 2018 had a value of 232.  Calculate the percentage change in the individual's real (inflation-adjusted) income.  Round your answers to two decimal places.

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To calculate the percentage change in real inflationadjusted income we c... View the full answer