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In year 1 the CPI is 180,and in year 2 the CPI is 192.From year 1 to year 2,Javier's salary rises from $40,000 to $42,000,and Tom's salary rises from $55,000 to $57,000.Who is "more than keeping up with inflation"?
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Financial assistance given by the government to individuals, organizations, or companies for specific projects or purposes, not requiring repayment.
Partnership
An official business arrangement where several individuals jointly manage the business and divide the profits among themselves.
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Official papers submitted to state authorities to formally establish a limited liability company (LLC).
Limited Liability Company
A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
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