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.
What happens when the central bank increases bank rate in an economy? ...
Which of the following is not a feature of economic underdevelopment? ...
Economics may be defined as? ...
A major objective of the Federal Government's initiative on cassava production in Nigeria is to ...
One of the major advantages of specialization is that ...
Deposit held in a commercial bank are part of ...
A major feature of capitalism is ...
Small enterprises finds it difficult to expand due to ...
One of the major advantages of public enterprises is that ...