blacgal11 blacgal11
  • 22-02-2020
  • Business
contestada

How does rising wages cause inflation?

Respuesta :

keochoa05 keochoa05
  • 22-02-2020

Answer:

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

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