Indexing and its limitations (article) | Khan Academy
https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/macro-nominal-v-real-interest-rates/a/indexing-and-its-limitations-cnx
WEBWhen a price, wage, or interest rate is adjusted automatically with inflation, it is said to be indexed. An indexed payment increases according to the index number that measures inflation. A wide array of indexing arrangements is observed in private markets and government programs.
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