Understanding America Study

r2_g4

General information

Question text:

Jacob has two job offers to choose from and he wants to select the job with a salary that will afford him the higher standard of living for the next few years. Job A offers a 3% raise every year, while Job B will not provide a raise for the next few years. If Jacob chooses Job A, he will live in City A. If Jacob chooses Job B, he will live in City B. Jacob finds that the price of goods and services today are about the same in both areas. Prices are expected to rise, however, by 4% in City A every year, and stay the same in City B.

Job	Raise every year	City	Expected increase in prices
A	3%	A	4%
B	Stay the same	B	Stay the same

Based on his concerns about standard of living, what should Jacob do? Select one response.

Answer type:

Radio buttons

Answer options:

1 Take Job A
2 Take Job B
3 Take either one: he will be able to afford the same future standard of living in both places
98 Don't know

Label:

which job choose

Empty allowed:

One-time warning

Error allowed:

Not allowed

Multiple instances:

Data information

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