• Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资-价格螺旋。

    youdao

  • Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资——价格螺旋。

    youdao

  • Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资——价格螺旋。

    youdao

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