Examlex
The _____ pay strategy emphasizes external competitiveness and deemphasizes internal alignment.
Disinflation
A reduction in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.
CPI
A gauge called the Consumer Price Index tracks the overall cost of a varied mix of consumer items and services like food, healthcare, and transport, by measuring their weighted average prices.
Cost Of Living
The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a particular place and time.
Base Year
A specific year chosen as a point of reference for comparing economic data, such as price levels, over time.
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