Question 0

The meaning of ‘wage-price spiral’ is?

  • A.demand pull and cost push inflation pulling each other in different director
  • B.demand pull and cost push inflation intensifying each other
  • C.both of them bringing about a reduction in the price level
  • D.that demand pull and cost push inflation increases employment
  • E.that wages and prices are rising at a proportional rate
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1983
Question no.
#0
Type
Objective

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