Question: susan started her new job as an editorial assistant in...
Susan started her new job as an editorial assistant in prestigious media company in 2018. She negotiated on a wage contract where for next two years (till 2020), her salary was indexed to rise by 1% each year. In 2019, actual CPI inflation turned out to be 2%. This has negatively affected Susan’s purchasing power and she was not able to afford the same standard of living as before.
Answer true or false with 100 word explaination.