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Nate Collected Social Security Payments of $220 a Month in Year

Question 208

Multiple Choice

Nate collected Social Security payments of $220 a month in Year 1. If the price index rose from 90 to 108 between Year 1 and Year 2, then his Social Security payments for Year 2 should have been


A) $228.
B) $238.
C) $257.
D) $264.

Correct Answer:

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