Multiple Choice
The labor relations term for a written clause in a labor agreement that adjusts wages periodically in accordance with some predetermined formula tied to the rise in consumer prices is:
A) Cost-of-living adjustment.
B) Wage re-opener.
C) Lump sum pay adjustments.
D) Wage spread.
E) Spillover effect.
Correct Answer:
Verified
Correct Answer:
Verified
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