A better you
with better words.

Find the right word.
Understand it completely.

Previous word Next word

wage-price spiral

/weɪdʒ praɪs ˈspaɪrəl/ /weɪdʒ praɪs ˈspaɪərəl/
noun
GeneralEconomics
  1. 1 ücret-fiyat sarmalı countable

Definition (English)

A cycle where higher wages lead to higher prices, which then lead to demands for even higher wages.

Example Sentences

  1. The economy risks entering a wage-price spiral.
    Ekonomi ücret-fiyat sarmalına girme riski taşıyor.
  2. A wage-price spiral can be hard to break.
    Bir ücret-fiyat sarmalını kırmak zor olabilir.

Phrases 9

See all