单词 | wage-price spiral |
释义 | wage-price spiral From Longman Business Dictionarywage-price spiralˌwage-ˈprice ˌspiralECONOMICS a situation in which rising prices cause wages to rise, which means that goods cost more to make so that prices rise again etcThere was anxiety that Germany would be drawn into a wage-price spiral. → spiral |
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