An adjustment is made in wages that corresponds with... - Solved MCQs & Answer

3123EconomicsMedium

An adjustment is made in wages that corresponds with the change in the cost of living. What this adjustment is called?

ACost of living adjustment

BFree adjustment

CComparative adjustment

DCost effective adjustment

Correct answer

A. Cost of living adjustment

Explanation

The correct answer is Cost of living adjustment.

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