Your friend Joan's college savings are such that she is planning to live off of a fixed income of $3,000 each year she is in school. She feels that this is enough money for her to live on while in college and is going to turn down a job offer to work the summer before she starts classes. However, you've read in a reliable financial source that inflation is going to impact the economy over the next couple years. What should you tell your friend Joan to do?
A. to refuse the job because the value of the dollar will increase and her savings will be worth more in the future than they are now
B. to take the job because interest rates will decrease and she won't earn as much interest on her savings
C. to take the job because the value of the dollar will decrease and she won't be able to purchase as much with $3,000 as she thinks she will
D. to refuse the job because inflation will decrease minimum wage and she won't earn as much money
