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Chapter 21 Activity: Who's better off? In 1980, my first job out of college was as an economic development coordinator. My annual salary was $12,000.

Chapter 21 Activity: Who's better off?

In 1980, my first job out of college was as an economic development coordinator. My annual salary was $12,000. Today, a comparable position with a similarly educated and experienced worker in the same state would be approximately $38,000. (Source: Salary.com(Links to an external site.) ) https://www.salary.com/

Considering the concepts in Chapter 21, who was better off, me in 1980, or the worker today? Explain and justify your answer.

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