Cost of Living Adjustments (COLAs) Are Used to Address the Impact

question 22

Multiple Choice

Cost of living adjustments (COLAs) are used to address the impact of ___________ on purchasing power.

• A) inflation
• B) unemployment
• C) taxes
• D) interest rates
• E) costs

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Definitions:

Age

The length of time that a person or entity has existed.

Bar Mitzvah

A Jewish coming of age ritual for boys reaching the age of 13, symbolizing their obligation to observe the commandments.

Age Grade

A form of social organization based on age, in which individuals of similar age and sex are categorized together and hold similar rights and duties.

Age Set

A social category of people who share a similar age and, often, responsibilities, rites of passage, or duties within their community.