A COLA automatically raises the wage when

a. GDP increases.
b. taxes increase.
c. the consumer price index increases.
d. the producer price index increases.

c

Economics

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Short-term interest rates show the cost of borrowing money for how long?

(A) Between 10 and 30 years. (B) For no more than a month. (C) For a few days or months. (D) Between a few months and two years.

Economics

Which of the following is an example of a backward linkage?

a. A car industry creates a need for car dealerships. b. A compact disc industry creates a need for CD players. c. The development of a shoe industry creates a demand for a leather industry. d. An increase in the population increases the demand for food. e. New educational facilities improve the literacy rate of the population.

Economics