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***Important-Initial Contribution is due on March 10th with peer responses due Aiaril 3r d*(' Students should go to Social Security Administration and create their own

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***Important-Initial Contribution is due on March 10th with peer responses due Aiaril 3r d*"(' Students should go to Social Security Administration and create their own Social Security benefits account to understand the systems and view their . 3 personal benefits statement to see the impact this topic may have on their own lives. The purpose of the Discussion Board (DB) is for each person to be productively engaged with their fellow students in the learning process. Each semester the Discussion Board will relate to an economic problem or issue within the \"real world\" of Macroeconomics. Your contribution to the Discussion Board (and to your fellow students) will be graded based upon Item (1) the quality of your Initial Contribution fo the DB in accordance with Instructor requirements (0 to 60 points) and Item (2) - the quality of Your Responses to other students' postings in accordance with Instructor requirements (0 to 40 points). Social Security cost-of-living adjustments are based on the increase in the CPI between the third quarter of the previous year and the third quarter of the current year. The percentage increase is then applied to Social Security benefits beginning in January of the next year. In 2010, 2011 and 2015, Social Security recipients did not receive cost-of living adjustments to their monthly benefits because the consunr price index had not risen above the level at the end of the third quarter of 2009 and by the third quarter of either 2010 or 2014. Seniors were outra ged that they had not received the annual cost-of-living increase to which they had become accustomed. Was their outrage justifiable? Find the current inflation rate for September 2023 and use your economic understanding to opine on the state of Social Security Benefits in 20247

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