When Some Dollar Amount Is Automatically Corrected for Inflation by Law

question 151

True/False

When some dollar amount is automatically corrected for inflation by law or contract, the amount is said to be indexed for inflation.

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Definitions:

Metropolitan

Relating to a large city or densely populated urban area.

Wide

Describes an expanse, distance across, or the broadness of something, often used to refer to physical dimensions or viewing angles.

Virtual Private Network

A technology that creates a secure, encrypted connection over a less secure network, such as the Internet, to provide privacy and anonymity.

Extranet

A private network that allows access to partners, vendors, and selected external parties, extending certain computing resources and information beyond an organization's intranet.