Question

A worker would be hurt least by inflation when the rev: 05_02_2017_QC_CS-84894 Multiple Choice worker anticipates inflation and increases savings at the bank. worker is protected by a cost-of-living adjustment clause in an employment contract. worker is protected by fixed annual increases in wages and benefits in an employment contract. government increases the level of social security retirement benefits to correct for the effects of expected inflation.

Answer 1

Answer:

worker is protected by a cost-of-living adjustment clause in an employment contract

Explanation:

Cost of Living Adjustment(COLA) is an increase made to income from social security to counter the inflationary effects. The COLA change is essentially equivalent to the Consumer Price Index ( CPI) percentage increase over a given period.

All other options are wrong as it is not fit to the current situation

hence, the correct option is B.