英语词汇“wage-price spiral”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	wage-price spiral
释义	wage-price spiralˌwage-ˈprice ˌspiral noun [countable] social studies, economics a continuous economic process in which higher wages (=the money people are paid for working) lead to an increase in the cost of producing goods, so that prices rise. Wages then have to rise again, and this then leads to higher and higher prices.
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