According to Marcotreands.com the inflation rate for 2021 was 4.70% If your current employer gives a 3%
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Question:
According to Marcotreands.com the inflation rate for 2021 was 4.70%
If your current employer gives a 3% cost of living increase.
Would you be correct to think this is sufficient and enough to bring in more money for food next year or would a 3% increase not be enough because the current years inflation rate is between 8 and 9 percent? With a 8-9 percent inflation rate would you have less disposable income?
Explain
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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