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articles/2011/tuition/ articles/2011/tuition/

Suppose, hypothetically, that inflation is 3% per year and suppose that the graph of your salary in constant dollars looks like the graph below: Is your salary in actual, non-constant dollars A. increasing B. constant C. decreasing D. cannot be determined from information given.

Suppose, hypothetically, that inflation is 3% per year and suppose that the graph of your salary in constant dollars looks like the graph below: Is your salary in actual, non-constant dollars A. increasing B. constant C. decreasing D. cannot be determined from information given.