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Toms's union has secured a four - year wage contract that stipulates a 3 . 0 % increase indexed to inflation. The anticippated rates of

Toms's union has secured a four-year wage contract that stipulates a 3.0% increase indexed to inflation. The anticippated rates of inflation are 1.5%,2.0%,2.5%, and 3.0% for each respective year. How will Tom's wage increase be articulated in the new contract?  

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