Labor demands a higher wage to compensate for inflation, which leads to higher prices, then even higher wages. this is called a wage-price spiral t or f

The correct answer is TRUE.

The wage-price spiral is a macroeconomic theory that explains the existing causal effects behind sucessive price and wage increases.

This theory states that when there is an increase in wages, the income available for households rises too, leading to a larger demand of goods and services. If the demand-side grows too fast in a market, there is an excess of demand over the amount supplied and the market would adjust itself through a price increase. In this moment employees would demand higher wages to compensate for the inflation and to prevent their money from losing real value , so that they are able to consume the same amount of things with their salary as they could before. If wages increase, production costs for companies increase too and firms are forced to increase the market price of their products again in order to maintain their profit margins.

confucius was a great thinker and teacher, and philosopher succeeded in laying the foundations beloved.

he many principles but waht   was speak about the relationships was the third .

the third important concept , the real man's idea. he is the man who lives up to the highest moral standards. man shows five virtues: in self, generosity, sincerity, perseverance, and benevolence. his relationship is described as follows: when a son is always loyal, as a father is just and gentle, as an administrator is loyal and loyal, and as a husband is honest and fair, and as a friend, he is faithful and languid. if everything is a true happiness conference, justice and harmony will rule the empire.

answer: born in saint-dié, in the vosges department, france, he studied law, and was called to the bar at paris in 1854,[2] but soon went into politics, contributing to various newspapers, particularly to le temps. he attacked the second french empire with great violence, directing his opposition especially against baron haussmann, prefect of the seine department. a series of his articles in le temps was later republished as the fantastic tales of haussmannlaxupa (1868).[2]

explanation: