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17 March, 23:52

A history graduate student in the United States gets an $18,000 stipend per year. The U. S. sees significant inflation. How might the student react? Move into a larger, more spacious apartment. Buy a new computer she had been putting off due to costs. Increase the number of books in her syllabus for students to buy. Ask for a cost-of-living increase to her stipend.

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  1. 18 March, 00:48
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    Ask for a cost-of-living increase to her stipend

    Explanation:

    Inflation is term which states there is a increase in the price level for any goods or services.

    In the context, a history graduate living in the United States received a stipend of 18,000 dollar. But there is a significant inflation that United States economy suffers. Thereby the cost of goods and the services available to the people increases rapidly. People now need to spend more on everything. Thus the graduate student needs to ask for the cost of living to be included in the stipend as the student now needs to spend more on living.
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