Register
In the 1970s and 1980s, labor unions commonly negotiated wage contracts that had _______________________ which guaranteed that their wages would keep up with inflation.
380 views
1 vote
In the 1970s and 1980s, labor unions commonly negotiated wage contracts that had _______________________ which guaranteed that their wages would keep up with inflation.

User ReeCube
by
3.3k points

1 Answer

4 votes

Answer: Cost of living adjustments

Step-by-step explanation:

Cost of living adjustments could be described as a system built to seek increase benefits that affects man alongside inflation, this is done to have an upper hand against inflation. Inflation sees that prices of commodity are escalated during it's period, this would affect many individuals if there is no system to help fight for their social benefit, if this is not done the people would be really affected and won't be able to afford many product in the market. This was the measure placed during the 1970's and 1980's to help fight inflation so people are not really affected.

User Tzomas
by
4.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.7m answers

Other Questions

Given several pollution sources within a given region. You have determined the level of pollutants that the environment can tolerate and need to design a regulatory system that guarantees that tis limit
A two-year-old child has a pet dog named Sophie. The child visits her neighbor and sees the neighbor's pet dog. Even though the neighbor's dog is larger and of a different color, the child points to it
Unilateral Contract:_________. A) Contract agreed to orally or in writing. B) Contract in which both parties make promises to perform; a promise is given in return for another's promise. C) A contract
As Grant approaches adolescence, his parents gradually give him more control. They exercise general oversight while letting Grant take charge of moment-by-moment decision making. Grant's parents are using
One's decision to call someone engaged in guerrilla warfare a terrorist rather than a freedom fighter depends on one's view of the cause they’re fighting for. In the context of social psychology, this
Link Copied!