Question

Your boss is impressed with your work and gives you a 3% raise.if the inflation rate is 3% you are

Answer 1

B) making about the same amount in today's dollars

Answer 2

Answer:  The answer is (B) making about the same amount in today's dollars.

Step-by-step explanation:  Given that our boss is impressed with our work and give us a 3% raise.

We are to select the correct statement if there is an inflation of 3%.

Since the raise of 3% and inflation rate of 3% occur simultaneously, so there will not be much change in the amount of money we are making in dollars.

Thus, (B) is the correct option.