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Wage price spiral
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Wage price spiral
A feedback loop in which wage hikes due to inflation cause companies to raise prices, and those rising prices lead to
Demand
for further wage increases, perpetuating the
Cycle
.
Related Terms: 5
Cycle
,
Demand
,
Flat
,
ISIN
,
Inc.
Other Related Pages:
Category: Economy
Starting With: W
Additional Related Terms:
10-K
,
Allowance for depreciation
,
Asked price
,
Asking price
,
At par
,
All or any part
,
At best
,
At call
,
Aggregate demand
,
Aggregate demand curve