What is virtuos cycle? class9
Answers
Answered by
3
Hii
Your answer is
higher wages stimulate consumption, leading to higher prices and larger corporate profits. ... The A virtuous cycle is one where wages drive the cycle rather than external factors or even an increase in money supply due to fiscal mismanagement
Hope it will help you
Similar questions
Hindi,
4 months ago
World Languages,
4 months ago
Physics,
4 months ago
English,
9 months ago
Math,
9 months ago
Chemistry,
1 year ago
Computer Science,
1 year ago