Suppose you knew that there was going to be 20 percent inflation between now and five years
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Suppose you knew that there was going to be 20 percent inflation between now and five years from now, and suppose you knew that the minimum wage was only enough to get a family of three to 80 percent of the poverty line. How much would you have to raise the minimum wage over that period in order to make the minimum wage earn enough to be at that poverty line?
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We know inflation tends to reduce the value of money We can say tha...View the full answer
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Hello, I am Abubaker Siddique and i did my Bachelors' in Electrical engineering. I am doing my full time job as an Sub-Divisional officer in NTDC Pakistan but to earn some passive income i choose to teach students as I love teaching math. I enjoy while teaching mathematics. In can teach in; Calculus 1&2, Linear Algebra, Trigonometry, Vectors, Integrals, Differentiation, Signals and Systems, Probability and statics, Complex variable and Transformation. I can help you in exams, quizzes, assignments and projects.
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