=+b. Suppose that p1 is currently $1 and I is currently $2,000. Then p1 increases to $2.

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=+b. Suppose that p1 is currently $1 and I is currently $2,000. Then p1 increases to $2. How much will the government increase the Social Security check given how it is actually calculating cost of living adjustments? How will this change the senior’s behavior?

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