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Question: susan started her new job as an editorial assistant in...

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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.

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