The meaning of 'wage-price spiral' is?
...The meaning of 'wage-price spiral' is?
Demand pull and cost push inflation pulling each other in different director
Demand pull and cost push inflation intensifying each other
Both of them bringing about a reduction in the price level
That demand pull and cost push inflation increases employment
That wages and prices are rising at a proportional rate
Correct answer is B
No explanation has been provided for this answer.
The money that commands a higher market value than its face value is called ...
When more of tax on a product is borne by the buyer than the seller, the commodity involved has ...
In order to control inflation, the government should ...
The use of government revenue and expenditure to achieve set objectives is known as ...
One of the functions money is that, it helps ...
In which of the following economics system is the consumer referred to as ‘The King’? ...
When the international value of a country's currency rises, other things being equal, the countr...
The reduction of high fertility rate is a measure in population control designed to make the ...