Remaining Time: 56 minutes, 13 seconds. Question Completion Status: QUESTION 8 You have worked for a company for three years and they pay you $30,000 per year. You have received very good reviews and an average 4% raise the last two years. There are five of you in the department and you all do the same job. There has been a lot of turnover in your department - in fact, you have been there the longest By chance, you find out that last coworker they hired is making $44,000. You are angry and you approach the boss suggesting that based on your work history and experience, you should at least be making what the "new guy" is making The boss tells you that times are tough, and he really doesn't believe that he can afford to pay you what you want. In fact, he has been considering cutting the staff in order to save money. He tells you that the new guy got $44,000 because he has a wife at home with and two kids, and wouldn't take the job for less. You don't have any children and your spouse works also. Construct a letter to the boss. Using the economic principles discussed in this class, justify your argument for a raise. Your response should take about 3 paragraphs. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt