wage-price spiral

W w

Definition of wage-price spiral words

noun wage-price spiral a situation in which wage and price increases drive each other upward and cause inflation 0

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

A common word. It’s meaning is known to most children of preschool age. About 98% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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