A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintained

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13-11-2017
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A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintained

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Kalahira Kalahira · Answer 1 · 2017-11-23T01:28:49+01:00

Kalahira Kalahira

23-11-2017

The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.

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