Inflation is expected to be 3 percent in the coming year.If Mr.Gonza earned $45,000 this year,how much must he earn the following year just to keep up with inflation and maintain the balance between his income and his increasing expenditures?

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The Answer of Inflation is expected to be 3 percent in the coming year.If Mr.Gonza earned $45,000 this year,how much must he earn the following year just to keep up with inflation and maintain the balance between his income and his increasing expenditures?

Inflation Is Expected to Be 3 Percent in the Coming