See Also: Wage-price spiral(finance)
Wage Price Spiral(money)
wage-price control(encyclopedia)
Tight money or dear money(finance)
Exercise price or strike price of an option(finance)
Flat price (also clean price)(money)
Flat price (clean price)(finance)
wage(1)(dictionary)
wage(2)(dictionary)
wage(medicine)
Wage Price Spiral (money)
Definition: Vicious circle created by changes in wages and prices which in turn induce further reactions of increased wages and higher prices.
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