Price/wage spiral — In macroeconomics, the price/wage spiral (also called the wage/price spiral) represents a vicious circle process in which different sides of the wage bargain try to keep up with inflation to protect real incomes. This process in turn is one cause … Wikipedia
NAIRU — In monetarist economics, particularly the work of Milton Friedman, NAIRU is an acronym for Non Accelerating Inflation Rate of Unemployment,[1] and refers to a level of unemployment below which inflation rises. It is widely used in mainstream… … Wikipedia
classical unemployment — noun According to classical economic theory originally developed by Adams, Ricardo, Malthus and others in late 18th century unemployment is explained simply by the real wages being higher than the market equilibrium wage. In modern economics… … Wiktionary
El Salvador — Infobox Country native name = República de Jesus Pena conventional long name = Republic of Jesus Pena common name = El Salvador national motto = Dios, Unión, Libertad spaces|2(Spanish) God, Union, Liberty national anthem = Himno Nacional de El… … Wikipedia
Environmental scanning — DefinitionEnvironmental scanning is a process of gathering, analyzing, and dispensing information for tactical or strategic purposes. The environmental scanning process entails obtaining both factual and subjective information on the business… … Wikipedia
darbo užmokesčio lūkesčiai — statusas Aprobuotas sritis Ekonomika apibrėžtis Darbo užmokesčio dydžio ar jo kitimo lūkesčiai. atitikmenys: angl. wage expectations ryšiai: platesnis terminas – lūkesčiai šaltinis Lietuvos banko Ekonomikos departamentas … Lithuanian dictionary (lietuvių žodynas)
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Phillips curve — The Phillips curve is a historical inverse relation between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of increase in wages paid to labor in that… … Wikipedia
Inflation — This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Inflation rates around the world in 2007 … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium