home *** CD-ROM | disk | FTP | other *** search
- No. Inflation and cost-of-living
- adjustment are two different
- things, but should work together.
- Inflation is the increase in the
- cost of goods and services over
- time, thus decreasing the buying
- power of the dollar. Cost-of-
- living adjustment is the act of
- adjusting income to keep up with
- inflation.
-