Function: noun
Date: 1931
: a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other
Function: noun
Date: 1931
: a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012