Answered

Get expert advice and community support for your questions on IDNLearn.com. Get accurate and comprehensive answers from our network of experienced professionals.

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Sagot :

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Thank you for trusting IDNLearn.com. We’re dedicated to providing accurate answers, so visit us again for more solutions.