According to information in the Washington Post article https://sites.google.com

Question

According to information in the Washington Post article https://sites.google.com/a/macmillan.com/news-analysis/the-retirement-costs-that-are-rising-faster-than-social-security-benefits "The retirement costs that are rising faster than Social Security benefits" by how much has retirees' nominal income risen since the year 2000, if Social Security benefits are the only source of income for retirees?

CONot secure www.saplinglearning.com/ibiscms/mod/flcn/view.php?id-6255383 Sapling Learning Jump to... YUFEI ZHANG macmillan leearriing Sapling Learning Miami University, Oxford (Miami of Ohio) - ECO 202 Macroeconomics- Fall18-SHAO Activities and Due Dates NA8.2: News Analysis - Retirement Costs and Costs of Living Assignment Score: 56.7% n Expand Q Give Up? Feedback : Questions Correct 3 Attempts Resources Try Again 95% Question 2 of 3 Attempt4 benefits fallen since 2000? 2. Question In Progress 4 Attempts Can retiress in 2015 purchase more, fewer, or the same quantity of goods and services with their social security benefits as retiress in 2000 could? 75% fewer 3. Question By how much would benefits had to have risen to maintain a constant real income for retirecs? 21.6 Assignment Info Tools 2011-2018 Sapling Leaming, Inc about uscareersprivacy policy terms ofuse contact us help 11:23 PM 9/11/2018 8

Explanation / Answer

"Average social security benefits have grown to $1,166.30 a month in 2015 from $816 in 2000, according to the report."

The retirees' nominal income has risen by $350.30 a month since 2000.

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