Ask Question
4 September, 22:32

How does rising wages cause inflation?

+1
Answers (1)
  1. 5 September, 02:18
    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
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does rising wages cause inflation? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers