A Clause in a Contract That Automatically Increases Wages to Account

question 291

Multiple Choice

A clause in a contract that automatically increases wages to account for increases in the price level is

• A) the GDP deflation.
• B) the PCE index.
• C) a COLA.
• D) the real rate of interest.

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Definitions:

Plasma

The liquid component of blood in which the blood cells are suspended, consisting mainly of water, proteins, electrolytes, and nutrients.

RBCs

Red blood cells, responsible for carrying oxygen from the lungs to the body's tissues and returning carbon dioxide back to the lungs.

WBCs

White Blood Cells, components of the blood involved in protecting the body against both infectious disease and foreign invaders.

Aplastic Anemia

A blood disorder characterized by the bone marrow's failure to produce enough new blood cells, leading to fatigue and higher risk of infections.