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Part 2 (1 point) D SE Suppose your grandmother is retired and receives a monthly Social Security check of $3,000.00. According to the article, how

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Part 2 (1 point) D SE Suppose your grandmother is retired and receives a monthly Social Security check of $3,000.00. According to the article, how muc money will she receive after the cost-of-living increase? New Social Security check: $ (Give your answer to two decimals.) Part 3 (1 point) See Critics of this modest increase argue that the cost of living for retirees has increased by more than the current index used to make adjustments to retiree payments. Suppose a price index for senior citizens' market basket increased by 2.2%. How much money shoul your grandmother receive in this case? New Social Security check: $ (Give your answer to two decimals.)

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