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Economics A Level (DONEEEEEEE)
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Pregunta:
Explain how Rising Wages can lead to Cost Push Inflation
Autor: eric_galvaoRespuesta:
If wages makes a large % of Firms Costs, then this mean Prices can rise noticably. Prices rises means that Further Wage Demands may be needed, leading to Pricer Increases [Wage-Price Spiral]
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