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Tompare a pay increase to the inflation rate. Assume that the inflation rate for the past year was 4 percent. You are worrled that your

Tompare a pay increase to the inflation rate. Assume that the inflation rate for the past year was 4 percent. You are worrled that your pay is not keeping pace with your cost of living. Your average net pay this year is $2,225 per month, It was $2,176 last year. Based on this information, your average net pay per month increase Is

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