MONEY:$1,000
Scenario 2 of 10
The Salary Increase
You get a 3% raise, but inflation is 5%. Your salary increased from $50,000 to $51,500, but prices rose 5%.
Did your purchasing power increase or decrease?
Press Y for YES or N for NO
Learn finance through play!
You get a 3% raise, but inflation is 5%. Your salary increased from $50,000 to $51,500, but prices rose 5%.
Did your purchasing power increase or decrease?
Press Y for YES or N for NO