A COLA is
A) unanticipated positive inflation.
B) unanticipated negative inflation.
C) the cost associated with recalculating prices and printing new price lists when there is inflation.
D) an automatic increase in wages that takes into account increases in the price level.
Correct Answer:
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Q333: The menu cost of inflation involves
A) the
Q334: A clause in a contract that automatically
Q335: Unanticipated positive inflation
A) hurts everyone.
B) hurts creditors.
C)
Q336: Debtors gain and creditors lose when
A) the
Q337: The purpose of COLAs is to protect
A)
Q339: The nominal rate of interest is
A) the
Q340: An unexpected reduction in inflation would tend
Q341: What are the costs to society of
Q342: If your income rises at 4 percent
Q343: An unexpected increase in the rate of
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