Answered

Explore a vast range of topics and get informed answers at IDNLearn.com. Our community is here to provide the comprehensive and accurate answers you need to make informed decisions.

When a price, wage, or interest rate is adjusted automatically with inflation, it is said to be __________.

Sagot :

Francocanacariidn

Answer:

Indexed.

Explanation:

Indexing is the adjustment of amounts of money to an index figure. This often involves adjustment to inflation so that the real amount remains the same, that is, it continues to represent the same average purchasing power. For example, inflation is measured by the consumer price index. This is a weighted average price index of the average household.  Indexation can, for example, apply to wages, pensions, social security, housing rent, alimony, tax credits and fines.

We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for choosing IDNLearn.com for your queries. We’re here to provide accurate answers, so visit us again soon.