Sign In
Ask Question
Business
Alicia Duke
1 September, 06:44
How does rising wages cause inflation?
+2
Answers (
1
)
Beatrice Calhoun
1 September, 09:07
0
Wage push inflation has an inflationary spiral effect that occurs when wages are increased and businesses must - to pay the higher wages - charge more for their products and/or services. Additionally, any wage increase that occurs will increase the money supply of consumers
Explanation:
I used Google sorry
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“How does rising wages cause inflation? ...”
in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The information related to interest expense of classic music, inc. is given below: Net Income $265,000 Income tax expense 105,000 Interest expense 66,000 Based on the above data, which of the following is the times - interest - earned ratio?
Answers (1)
Which of the following represents the textbook authors' fundamental beliefs about entrepreneurship? A. Individuals have unchangeable thinking preferences that impact their capacity to be a successful entrepreneur B.
Answers (1)
Economic growth" has occurred if the Select one: a. inflation rate between this year and last year is zero or less. b. GDP this year exceeds the Real GDP this year. c. unemployment rate this year is above the natural rate of unemployment. d.
Answers (1)
Mercantile corporation has sales of $2,000,000, variable costs of $1,100,000, and fixed costs of $750,000. mercantile's degree of operating leverage is
Answers (1)
Which type of advertising seeks to influence public opinion in areas that serve the public interest, such as texting while driving? A. Advocacy B. Corporate C. Institutional D. Product E. Local
Answers (1)
New Questions in Business
Tyrone is frustrated by having submitted dozens of resumes to tech companies around the pacific northwest, resulting in zero job interviews. he decides to try submitting three resumes as "tyler," and receives two calls from prospective employers.
Answers (1)
In a small Asian country, it is estimated that changing the level of capital from $8 million to $12 million will increase real GDP from $4 million to $6 million.
Answers (1)
Assuming you own a home, where would the amount for the mortgage owed to the bank go in a personal balance sheet? A. Within the equity total B. Under sub prime assets C. Under revenues D. Under liabilities
Answers (2)
When a firm has international operations, choosing the most appropriate structure depends upon the extent of international expansion, the type of strategy, and the degree of market diversity. True False
Answers (1)
In economics, the cost of something is a. always measured in units of time given up to get it. b. the dollar amount of obtaining it. c. what you give up to get it. d. often impossible to quantify, even in principle. 1
Answers (1)
Home
»
Business
» How does rising wages cause inflation?
Sign In
Sign Up
Forgot Password?