Cost-of-living adjustments are typically tied to changes in the
A) consumer interest rate.
B) prime interest rate.
C) Dow Jones Industrial Average.
D) Consumer Price Index.

Question

Quizplus · Accepted Answer

Cost-of-living adjustments are typically tied to changes in the Consumer Price Index (CPI), which measures the average change in prices for goods and services consumed by households. The CPI is used to adjust salaries, wages, and benefit payments to reflect changes in the cost of living.

Cost-Of-Living Adjustments Are Typically Tied to Changes in the