Question 4

The meaning of wage-price spiral is

  • A.Demand pull and cost push inflation pulling each other in different direction
  • B.Demand pull and cost push intensify each other
  • C.That wages and price are rising at a proportional rate
  • D.That demand pull and cost push inflation increase employment
Objective

Question details

Exam body
RSUT
Subject
Economics
Year
2009/2010
Question no.
#4
Type
Objective

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