Your boss is impressed with your work and gives you a 3% raise. if the inflation rate is 3% you are a) making more money in today's dollars b) making about the same amount in today's dollars c) making less money in today's dollars d) seeing no change in your paycheck

Peter applied to an accounting firm and a consulting firm. he knows that 30% of similarly qualified applicants receive job offers from the accounting firm, while only 20% of similarly qualified applicants receive job offers from the consulting firm. assume that receiving an offer from one firm is independent of receiving an offer from the other. what is the probability that both firms offer peter a job?