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Business, 25.02.2021 20:50 Ayyyyeeeeeeewuzgud

Doug has saved money for four years to pay for a new car. He has carefully tucked away part of his earnings each week in a cookie jar. During his four-year period, inflation has caused the price of new cars to increase about 3% each year. With inflation, is Doug financially better off, worse off, or the same? Explain.

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