Part 2 (1 point) Suppose your grandmother is retired and receives a monthly Social Security check of $2,800.00. Accordin

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Part 2 1 Point Suppose Your Grandmother Is Retired And Receives A Monthly Social Security Check Of 2 800 00 Accordin 1 (37.83 KiB) Viewed 16 times

Part 2 (1 point) Suppose your grandmother is retired and receives a monthly Social Security check of $2,800.00. According to the article, how much money will she receive after the cost-of-living increase? New Social Security check: $ (Give your answer to two decimals.) New Social Security check: $ Part 3 (1 point) Critics of this modest increase argue that the cost of living for retirees has increased by more than the current index used to make adjustments to retiree payments. Suppose a price index for senior citizens' market basket increased by 2.2%. How much money should your grandmother receive in this case? See Hint (Give your answer to two decimals.) See Hint