Mr. Lee received a raise at a job this year, but he finds that he has less money to spend each month. What is the most likely reason for this situation? A) The supply of goods and services has risen B) Unemployment has dropped across the country C) Mr. Lee is buying more expensive goods D) Inflation was greater than Mr. Lee's raise

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Mr. Lee received a raise at a job this year, but he finds that he has less money to spend each month. What is the most likely reason for this situation? A) The supply of goods and services has risen B) Unemployment has dropped across the country C) Mr. Lee is buying more expensive goods D) Inflation was greater than Mr. Lee's raise

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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D is the correct answer the reason is shown through these two situations: before the raise at his job, Mr.Lee could buy a good X priced $1000 with a salary of $1000. Then, with a raise at his job of 2% and an inflation rate of 3%, he could not buy it anymore with $1020 (new salary), because the good X it has just risen to $1030, making Mr.Lee worse off than before.

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