【题文】Until now, wage increases have always ___ ___ ___ (与……保持同步) inflation (通货膨胀).相关知识点: 试题来源: 解析 【答案】kept pace with 【解析】【分析】【详解】考查固定短语和动词时态。句意:到目前为止,工资的增长总是与通货膨胀同步。keep pace with为固定短语,意为“与……...
Unions had asked for at least 5.5 percent and employer groups for 2.5 percent. FWC President Iain Ross said the rising cost of living was putting too much pressure on low-paid workers. "We are conscious that the low-paid are particularly vulnerable in the context of rising inflation," he s...
There are two usual arguments being put forward by capitalists and economists alike in explaining the supposed effects of wage increases on inflation. First, capitalists would automatically pass on the added costs brought about by wage increases to consumers. Second, wage increases would stoke demand ...
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.
Last month’s sharp slowdown in year-over-year inflation largely reflected falling gas prices, as well as milder increases in grocery costs. With supply chains having largely healed from post-pandemic disruptions, the costs of new and used cars, furniture and appliances also ...
Wage increases in 2007 should outpace inflationMOLLY SELVIN
Wage increases trailed inflation in 2004, for the first time since the 1990-91 recession.(THE NUMBERS)O'Rourke, Shelly
January 1 Increases Alaska 2023 minimum wage: $10.85 2024 minimum wage: $11.73 Minimum wage increase: $0.88 Type of increase: Inflation adjustment Arizona 2023 minimum wage: $13.85 2024 minimum wage: $14.35 Minimum wage increase: $0.50
Why Do Wage Increases Cause Inflation? Wage increases cause inflation because the cost of producing goods and services goes up as companies pay their employees more. Companies must charge more for their goods and services to maintain the same level of profitability to make up for the increase in...
However, this can sometimes trigger arecession. For example, the 1970s were a time of oil price increases by OPEC that resulted in increased domestic inflation. The Federal Reserve responded by raising interest rates to control inflation. This stopped the spiral in the short term but led to a...