When talking about price indexes, the term COLAs appears. COLAs stands for
A) community-operated living arrangements.
B) cost of operations in Libya aggression.
C) cost of operating lesser adjustments.
D) cost of living adjustments.
E) cooperative ordinance of Los Angeles.

Question

Quizplus · Accepted Answer

COLAs stands for cost of living adjustments, which refers to changes made to wages or benefits to keep up with the cost of living.

When Talking About Price Indexes, the Term COLAs Appears