A COLA automatically raises the wage rate when
A. GDP increases.
B. taxes increase.
C. the consumer price index increases.
D. the producer price index increases.
Ans: C. the consumer price index increases.
Economics
You might also like to view...
If the government wishes to correct the existence of positive externality, it could
A) grant subsidies to consumers to stimulate demand. B) impose a tax on the producers to stimulate supply. C) impose taxes on consumers to stimulate demand. D) grant subsidies to producers to reduce supply.
Economics
Screening is
a. actions by the informed party to reveal her true risks b. actions by the informed party to conceal her true risks c. actions by the uninformed party to uncover the true risks d. actions by the uninformed party to conceal the true risks
Economics