Which of the following statements is FALSE? Multiple Choice Wage indexation is widespread in Canada. Cost-of-living adjustments in formal labour contracts are common in many countries. Wage indexation is more prevalent in countries where uncertainty about inflation is high. Inflation reduces the after-tax return to equity relative to purchasing power because of how capital gains income is taxed. The coupon rate or the face value of a government bond that is indexed to the price level is adjusted for inflation