Question
You are pleased to see that you have been given a 5.00% raise this year. However, you read on the Wall Street Journal Web site
You are pleased to see that you have been given a 5.00% raise this year. However, you read on the Wall Street Journal Web site that inflation over the past year has been 2.00 %. How much better off are you in terms of real purchasing power?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
