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Dramond's union has negotiated a 3-year wage contract that provisions for a 2.4% increase indexed to inflation (COLA or cost of living index). The rates
- Dramond's union has negotiated a 3-year wage contract that provisions for a 2.4% increase indexed to inflation (COLA or cost of living index). The rates of inflation are forecast to be 1.62%, 1.93% and 2.21% respectively. How will Dramonds wage increase be expressed in the new contract?
a. COLA plus 1.9%
b. COLA plus 2.2%
c. COLA plus 2.4%
d. COLA plus 1.6%
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Classics In Game Theory
Authors: Harold William Kuhn
1st Edition
1400829151, 9781400829156
