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The meaning of wage-price spiral is
The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising prices, or inflation.
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Asked 6/11/2012 1:25:57 PM
Updated 192 days ago|3/10/2018 6:52:07 PM
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Edited by yumdrea [3/10/2018 6:51:56 PM]
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The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising prices, or inflation.

Added 192 days ago|3/10/2018 6:52:07 PM
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