Answer:
A wage-price spiral is caused by the effect of supply and demand on aggregate prices. The rise in aggregate demand and the increased wage burden causes businesses to increase the prices of products and services. Although wages are higher the increase in prices causes workers to demand even higher salaries.
Explanation:
The market price<span> is the current </span>price<span> at which an asset or </span>service<span> can be bought or sold. Economic theory contends that the </span>market price<span> converges at a point where the forces of supply and demand meet.
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Answer:
Slaves did a lot of work and did not wear shoes
Tennessee was the first ex-confederate state to ratify the 14th amendment.
