Susan started her new job as an editorial assistant in prestigious media company in 2018. She negotiated on a wage contract where for next two years (till 2020), her salary was indexed to rise by 1% each year. In 2019, actual CPI inflation turned out to be 2%.  This has negatively affected Susan’s purchasing power and she was not able to afford the same standard of living as before. Is this statement true, false or uncertain? Please provide your explaination

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