... If your nominal income in 2002 was $50,000, and prices doubled between 2002 and 2008, to havethe same real income, your nominal income in 2008 must beA) $50,000.B) $75,000.C) $90,000.D) $100,000.Answer: ... If your nominal income in 1998 is $50,000, and prices increase by 50% between 1998 and 2008, then to have the same real income, your nominal income in 2008 must beA) $50,000.B) $75,000.C) $100,000.D) $150,000.Answer: ... the aggregate price level has risen during this ten-year period.Answer: AQues Status: Previous Edition12) From 1950- 2008 the price level in the United States increased more than ________.A) twofoldB) threefoldC)...