To Ensure That Your Salary Maintains Its Real Purchasing Power

question 47

Multiple Choice

To ensure that your salary maintains its real purchasing power from year to year, your nominal salary must be:

• A)deflated.
• B)indexed.
• C)aggregated.
• D)hyperinflated.

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Definitions:

Individual

Pertains to a single person or entity, distinct from others in a group or category.

Group

Two or more people who interact, share common goals, have unspoken or formal rules or norms, maintain stable role relationships, and form subgroups.

Attitudes

Mental and emotional entities that predispose us to respond in a particular way to objects, people, and events.

Satisfaction

A feeling of fulfillment or contentment resulting from achieving one's goals or desires.