bn:03666114n
Noun Concept
Categories: Inflation
EN
Price/wage spiral  wage-price spiral  wage/price spiral  Wage price spiral
EN
In macroeconomics, a wage-price spiral is a proposed explanation for inflation, in which wage increases cause price increases which in turn cause wage increases, in a positive feedback loop. Wikipedia
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EN
In macroeconomics, a wage-price spiral is a proposed explanation for inflation, in which wage increases cause price increases which in turn cause wage increases, in a positive feedback loop. Wikipedia
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