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.

Name: 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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Question

Quizplus · Accepted Answer

Indexing is the act of increasing nominal amounts by the inflation index to ensure that salaries keep up with inflation.

To Ensure That Your Salary Maintains Its Real Purchasing Power