price-wage spiral; wage-price spiral
简明释义
物价、工资的螺旋形上涨
英英释义
例句
1.To combat the wage-price spiral 工资-物价螺旋, the government has implemented stricter monetary policies.
为了应对
2.The economy is facing a price-wage spiral 物价-工资螺旋 as companies raise prices to cover increased labor costs.
由于公司提高价格以应对增加的劳动成本,经济正面临着
3.The central bank is monitoring the price-wage spiral 物价-工资螺旋 closely to prevent economic instability.
中央银行正在密切监测
4.Analysts warn that a price-wage spiral 物价-工资螺旋 could lead to long-term inflation if not controlled.
分析师警告说,如果不加以控制,
5.During periods of high inflation, workers demand higher wages, which can trigger a wage-price spiral 工资-物价螺旋.
在高通胀时期,工人要求更高的工资,这可能引发
作文
The economy is a complex system that involves various factors influencing each other. One of the critical concepts in understanding inflation and economic dynamics is the price-wage spiral; wage-price spiral. This phenomenon describes the relationship between wages and prices, where an increase in wages leads to higher costs for businesses, which in turn raises prices for consumers. This cycle can create a feedback loop that perpetuates inflation, making it difficult for economies to stabilize. To understand the price-wage spiral; wage-price spiral, we must first consider how wages are determined. Workers negotiate their salaries based on the cost of living, which includes prices for essential goods and services. When inflation occurs, workers demand higher wages to maintain their purchasing power. If businesses agree to these wage increases, they often pass on the additional labor costs to consumers by raising the prices of their products and services. This situation sets off a chain reaction. As prices rise, the cost of living increases further, prompting workers to demand even higher wages. Thus, the cycle continues, creating a price-wage spiral; wage-price spiral that can lead to sustained inflation. Economists warn that this spiral can become entrenched, making it challenging for policymakers to control inflation without causing significant economic disruption. The implications of the price-wage spiral; wage-price spiral are profound. For instance, if wages rise too quickly without corresponding increases in productivity, businesses may struggle to maintain profitability. This can lead to layoffs or reduced hiring, which in turn can slow economic growth. Additionally, if inflation rises unchecked, it can erode savings and diminish consumer confidence, leading to decreased spending and investment. Governments and central banks often monitor wage growth and inflation closely to prevent the price-wage spiral; wage-price spiral from taking hold. They may implement policies such as adjusting interest rates or using fiscal measures to influence economic activity. For example, raising interest rates can help curb spending and borrowing, thereby reducing inflationary pressures. However, these measures can also have adverse effects on economic growth, highlighting the delicate balance policymakers must strike. In conclusion, the price-wage spiral; wage-price spiral is a crucial concept for understanding inflation dynamics in modern economies. It illustrates how interconnected wages and prices are, and how changes in one can significantly impact the other. Policymakers must remain vigilant in monitoring these trends to ensure economic stability and prevent the adverse effects of runaway inflation. As we navigate the complexities of the economy, understanding this spiral will be essential for both consumers and decision-makers alike.
经济是一个复杂的系统,涉及各种相互影响的因素。理解通货膨胀和经济动态的一个关键概念是价格-工资螺旋;工资-价格螺旋。这一现象描述了工资与价格之间的关系,其中工资的上涨导致企业成本增加,从而提高消费者的价格。这种循环可能会形成反馈回路,持续推动通货膨胀,使经济稳定变得困难。要理解价格-工资螺旋;工资-价格螺旋,我们首先必须考虑工资是如何确定的。工人根据生活成本谈判薪水,而生活成本包括基本商品和服务的价格。当发生通货膨胀时,工人会要求更高的工资以维持其购买力。如果企业同意这些工资增加,他们通常会通过提高产品和服务的价格将额外的劳动成本转嫁给消费者。这种情况引发了一连串的反应。随着价格上涨,生活成本进一步增加,促使工人要求更高的工资。因此,循环继续,形成了价格-工资螺旋;工资-价格螺旋,这可能导致持续的通货膨胀。经济学家警告说,这种螺旋可能会变得根深蒂固,使得政策制定者在控制通货膨胀时面临重大经济干扰的挑战。价格-工资螺旋;工资-价格螺旋的影响是深远的。例如,如果工资上涨过快而没有相应的生产率增长,企业可能难以维持盈利能力。这可能导致裁员或减少招聘,从而减缓经济增长。此外,如果通货膨胀失控,它可能会侵蚀储蓄并削弱消费者信心,导致消费和投资减少。政府和中央银行通常密切监测工资增长和通货膨胀,以防止价格-工资螺旋;工资-价格螺旋的形成。他们可能会实施政策,例如调整利率或使用财政措施来影响经济活动。例如,提高利率可以帮助抑制支出和借贷,从而减少通货膨胀压力。然而,这些措施也可能对经济增长产生不利影响,突显出政策制定者必须保持微妙平衡的重要性。总之,价格-工资螺旋;工资-价格螺旋是理解现代经济中通货膨胀动态的关键概念。它说明了工资和价格是多么相互关联,以及其中一个的变化如何显著影响另一个。政策制定者必须保持警惕,监测这些趋势,以确保经济稳定,防止失控通货膨胀的负面影响。当我们驾驭经济的复杂性时,理解这一螺旋将对消费者和决策者来说都是至关重要的。
相关单词