After College Graduation Sheena Was Offered Two Different Jobs

question 215

Essay

After college graduation Sheena was offered two different jobs. The first offer included a salary of $41200 plus a guaranteed raise of $1100 per year. The second offer included a salary of $32900 plus a guaranteed raise of 3% per year.
Use the second job offer to find a function g that models the salary t years from now.

---

Definitions:

Price Levels

A calculated average price for every good and service produced domestically.

Keynesian Range

A segment of the Aggregate Supply curve where output is significantly influenced by demand, based on Keynesian economics.

Aggregate Demand

The collective quest for goods and services within an economic sphere, pegged at a designated price level and spanning a predetermined interval.

Real National Output

The total value of all goods and services produced by a country over a specific time period, adjusted for inflation.