0 used to describe the real value of wages, prices, etc. taking into account the effect of inflation:
Future costs are discounted at a rate of 3%, which is approximately the inflation-adjusted return on long-term treasury bonds.
I am not arguing that it should, but we should understand that it is a total before inflation, not an inflation-adjusted figure.
All boroughs must also find money to fund the inflation-adjusted cost of their existing services, plus the inevitable improvements in some services.
Its rather convoluted wording is designed to set the threshold of what is classified as "substantial" at £1,000 in real terms: that is, inflation-adjusted terms.
Helpers' minimum wages are inflation-adjusted annually for contracts about to be signed, and apply for the duration of the contract.
Costumes often sold for only $1.25 ($11.32 in inflation-adjusted 2010 dollars).
They cost $7.50 in 1902 (about $193 inflation-adjusted to 2009).
The value of fresh-market spinach has more than doubled over the past decade as stronger demand has boosted production, while inflation-adjusted prices largely remained constant.
